Lumax Industries Ltd
NSE: LUMAXIND BSE: 517206
₹6193
(-0.07%)
Wed, 25 Feb 2026, 03:20 pm
Market Cap57.66B
PE Ratio35.66
Dividend0.57
Producer Manufacturing
Auto Parts: OEM
24.5KCompany History
1981
- The company was incorporated on 10th December in New Delhi.
- The company entered into a foreign collaboration with Stanley Electric Ltd (Japan) for acquiring rights and licence to manufacture and sell lighting equipment.
- The company obtained DGTD registration to manufacture additional 10,00,000 head lights for automobiles at Faridabad.
- 22,000 shares were taken up by promoters, directors, etc., and 1,000 shares were allotted without payment in cash.
1984
- The company was converted into a public limited company on 26th March.
- Shares were fully paid-up.
- 1,49,500 bonus shares were issued in the proportion 13:20.
1991
- The Laser Lamps (Haryana) Ltd. became a subsidiary of the company.
- 9,49,500 bonus shares were issued in the proportion 1:1.
1993
- The Laser (Haryana) Ltd., promoted by the company, made its first public issue in January.
- The company was advised to change the scheme of funding its proposed expansion and modernisation programme.
- The company undertook an expansion cum modernisation programme of its existing plants.
- The company jointly promoted a new company, Laser Lamps (Haryana) Ltd., with Haryana State Industrial Development Corporation (HSIDC).
1994
- The company entered into an agreement with M/s Stanley Electric Co. Ltd., Japan, and allotted 7,50,000 equity shares at a premium of Rs 64 per share.
1995
- The company's Gurgaon plant received ISO 9002 Certification for having established a quality system for automotive lighting equipment and rear view mirrors.
1996
- The company proposed to build a state-of-the-art manufacturing facility at Dharuhera, Haryana.
- The company set up a new plant at Aurangabad.
- The company proposed to enter into joint ventures and/or technical collaboration agreements with world leaders in each field.
1997
- Lumax Industries firmed up three joint ventures and a technical agreement as part of its diversification plan.
- Lumax Industries entered into a tie-up with Hyundai of Korea to set up a joint venture for the manufacture of lighting systems.
- Lumax set up a Rs.30-crore greenfield unit at Dharuhera to produce lighting systems for new generation cars.
1998
- The company issued 7,50,000 equity shares to its collaborator, M/s Stanley Electric Co. Ltd., Japan.
- Lumax Industries offered its Japanese collaborator, Stanley Electric Company, an additional 2.5 lakh equity shares on a preferential basis.
1999
- Lumax Industries diluted its stake in its auto component joint venture with Hyundai Corporation and Samlip Industrial Co of Korea by 15%.
- The company promoted two joint venture companies with foreign collaboration, namely Lumax Samlip Industries Limited and Lumax GHSP Industries Ltd.
2000
- Samlip Industrial Co, South Korea increased its equity stake in Lumax Samlip Industries from 45% to 63%.
- Lumax Industries entered into a technical agreement with Poong Jeong Industrial Company.
- The company issued equity shares on a preferential basis to FIs/ FIIs/ collaborators, customers, and other Indian/overseas body corporates.
2003
- Executive Directors Mr. U K Jain and Mr. S Watanabe resigned from the Board.
2004
- The company received ISO 14001 Certification for its Gurgaon, Dharuhera, and Chennai plants.
- De-merger of Core Lighting Technology took place.
- Mr. D K Jain was appointed as Chairman and Managing Director of the company.
- Mr. Hiroshi Kanazawa was appointed as Director.
- Mr. Anmol Jain was appointed as Executive Director.
2005
- The manufacturing unit became functional at Chakan (Near Pune).
- The company recommended a dividend of 30% (Rs 3/- per share).
- Mr. P S Dubey was appointed as Nominee Director.
2006
- The company re-appointed Mr. Deepak Jain as Executive Director.
- The company recommended a dividend of 35% (Rs. 3.50 per share of Rs 10 each).
- Mr. A Nakamura was appointed as Director.
2007
- The company recommended a dividend of 45% (Rs. 4.50 per Equity Share).
- The Registered Office of the Company was shifted from 2nd Floor, Harbans Bhawan - II, Nangalraya Business Centre, New Delhi to B-86, Mayapuri Industrial Area, Phase - I, New Delhi.
2008
- A plant was set up in Pantnagar, Uttarakhand, for Tata Motors and an extension of the Dharuhera and Chakan plants.
- The company recommended a dividend of 40% (Rs. 4/- per Equity share).
- The Company completed setting up its Greenfield Project in Pantanagar-Uttarakhand for supplies of Automotive Lighting to TATA Motors.
2010
- The Company commenced commercial production at its Greenfield Plant in Haridwar, Uttarakhand, for manufacturing lighting components.
- The company recommended a dividend of 30% (Rs. 3.00 per Equity Share).
2011
- The company recommended a dividend of 60% (Rs. 6.00 per Equity Share).
- The Company completed setting up new plants in Bawal, Sanand, and Bidadi.
2013
- Lumax Industries Ltd recommended a dividend of 45% (Rs. 4.50 per Equity Share).
2014
- Lumax Industries Ltd celebrates its Silver Jubilee.
2015
- Lumax Industries Ltd is proudly celebrating 70 years of business excellence.
- Lumax Industries Ltd got awarded by its key customers for overall business capabilities.
- Lumax Industries Ltd successfully ventured into LED-based technology.
2016
- Lumax Ind opens an in-house design centre in Taiwan.
2017
- Lumax Ind bags a new customer order from Maruti Suzuki.
2018
- Lumax bags an award for localization support in Gujarat.
2022
- The Company opened a Design Centre in the Czech Republic.
- A ground-breaking ceremony was held for a new greenfield project at Chakan, Pune.
2023
- The Company commenced commercial production at a new manufacturing plant in Sawardari, Pune, Maharashtra.
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