Date: August 21, 2026

Press Conference Context

Lux Industries Limited convened a press conference on August 21, 2026, to address allegations made by Mr. Kunal Ghosh (TMC MLA) during his press conference and on social media on August 20, 2026. The allegations concerned clearance and approval-related matters associated with the company's proposed capital expenditure expansion project at Dankuni.

Attendees

The press conference was attended by:

  • Mrs. Vandana Yadav, Principal Secretary of Industry and Commerce, West Bengal
  • Mr. Ashok Kumar Todi, Chairman, Lux Industries Limited
  • Mr. Saket Todi, Executive Director, Lux Industries Limited
  • Representatives of various leading media agencies

Government Clarification

Mrs. Vandana Yadav clarified various matters relating to requisite approvals and clearances for the proposed project. She informed the media that all necessary due diligence had been duly undertaken by the Government before proceeding with the event.

Company Statement

Mr. Ashok Kumar Todi, Chairman of Lux Industries Limited, briefed the media on:

  • The scale of investment and significance of the proposed capacity expansion of manufacturing capacities of Vertical A at Dankuni
  • The process leading up to the groundbreaking ceremony (Bhoomi-Pujan)
  • The company's position regarding allegations made against it

The Chairman informed that the company had issued a defamation notice to Mr. Kunal Ghosh in connection with the allegations.

Defamation Notice Details

Recipient: Mr. Kunal Ghosh, Flat No. 3A, 1/1 Ram Mohan Roy Road, Kolkata-700 009

Company Background Provided:

  • Established in 1957, listed on NSE and BSE with approximately one lakh shareholders
  • Annual turnover of around ₹3,000 crores
  • Workforce of around 15,000 direct and indirect employees
  • Exports to more than 46 countries
  • Production capacity exceeding 340 million garment pieces annually
  • Portfolio includes several widely recognized brands

Project Details:

  • Increased manufacturing capacities of Lux Cozi Group at Dankuni, West Bengal
  • Total project cost of approximately ₹600 crores including land, building, plant and machinery
  • Project envisages approximately 12 lakh square feet of additional manufacturing and allied infrastructure
  • Expected to generate massive employment opportunities
  • Bhoomi-pujan ceremony held on July 11, 2026, attended by Chief Minister Suvendu Adhikari and other ministers

Allegations Cited:

  • YouTube video available at https://www.youtube.com/watch?v=Rn4uSkeLsYO
  • Twitter post questioning factory plan approvals, land use conversion, and environmental clearances
  • Suggestions that the project suffers from procedural irregularities and is an eyewash

Company Defense:

  • Land conversion to "Factory" status obtained from competent authorities in 2024
  • Possession of valid conversion certificates and records
  • Allegations based on unrelated documents concerning different land parcels
  • Environmental department letter cited has no connection with the subject land
  • Bhoomi-pujan was ceremonial and ritualistic, not an inauguration ceremony
  • Company has all necessary stage-wise permissions, approvals and certifications

Legal Demands:

  • Cease and desist from publishing defamatory statements
  • Remove all defamatory content from social media platforms within 72 hours
  • Disclose sources of confidential information about board meetings
  • Issue unconditional written and public apology with similar prominence as original publications
  • Threat of civil and/or criminal proceedings if demands not met