Company Secretary's term extended by one year from January 01, 2027
Lumax Industries' board approved a one-year extension for Mr. Raajesh Kumar Gupta as Company Secretary (Key Managerial Personnel designated as Senior Management Personnel), effective January 01, 2027.
By ScoutQuest · · 2 min read
- Extension Period
- One (1) year with effect from January 01, 2027
- Superannuation Date
- December 31, 2026
- Commercial Paper Issuance
- upto Rs. 50 Crores to Kotak Mahindra Bank Limited
The management change
The board of directors approved the extension of the term of Mr. Raajesh Kumar Gupta as the Company Secretary (Key Managerial Personnel designated as Senior Management Personnel) of the company for a period of One (1) year with effect from January 01, 2027. This follows his attaining the age of superannuation on December 31, 2026, and is based on the recommendation of the Nomination & Remuneration Committee.
- He continues in the same role, so the company secretary function stays with the same person through the extended period.
- Mr. Gupta has signed the update as Executive Director & Company Secretary.
Results approved at the same meeting
The board approved the Un-audited Standalone and Consolidated Financial Results for the 2nd Quarter and Half Year ended September 30, 2026, as recommended by the Audit Committee. The statutory auditors, M/s. S.R. Batliboi & Co. LLP, have issued Limited Review Reports on them.
- Standalone revenue from operations for the quarter: Rs. 1,34,183.88 lakhs, against Rs. 1,00,860.35 lakhs in the same quarter a year earlier.
- Standalone profit for the period: Rs. 3,914.27 lakhs, against Rs. 2,579.14 lakhs a year earlier.
- Standalone profit for the half year ended September 30, 2026: Rs. 9,113.25 lakhs.
- Basic earnings per share for the quarter: Rs. 41.87 (face value of Rs. 10 per share).
Commercial paper
The board approved issuance of unlisted Commercial Paper in the form of Usance Promissory Note for an amount upto Rs. 50 Crores to Kotak Mahindra Bank Limited.
Associate company name
A proposal was received from SL Lumax Limited, an associate company, for a change of name to SL India Limited, or any other name as may be approved by the regulatory authorities. The company stated this will have no impact on the existing board structure and shareholding held by the company, and it will continue to consolidate the financials as an associate company.
How a retail investor can read this
- The headline item is a continuity move at the company secretary level, with the same person continuing for a defined one-year period.
- The same board meeting cleared the quarterly and half-yearly numbers and a short-term borrowing instrument, which are routine board matters disclosed together in one letter.
Also from Lumax Industries
Lumax Industries files audio recording link of Q2/H1 FY27 earnings call held October 27, 2026
27 Oct 2026
Lumax Industries Q2 FY27 revenue up 33% to INR 1,341.8 Cr; order book at INR 2,580 Cr
26 Oct 2026
Lumax Industries Q2 FY27: order book at Rs. 2,580 Cr., new lamps for Tata Motors' Aeris and M&M's Thar Refresh
26 Oct 2026
More numbers
- Unlisted Commercial Paper to Kotak Mahindra BankRs. 50 Crores
- Extension period for Company Secretary's termOne (1) year
- Standalone revenue from operations, Q2 FY27 (Rs. in lakhs)1,34,183.88
- Standalone revenue from operations, Q2 prior year (Rs. in lakhs)1,00,860.35
- Standalone profit for the period, Q2 FY27 (Rs. in lakhs)3,914.27
- Standalone profit for the period, Q2 prior year (Rs. in lakhs)2,579.14
- Standalone profit for the half year (Rs. in lakhs)9,113.25
- Basic earnings per share for the quarter41.87
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