Interim report
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LUMnx 1945 ,oETERNITV LA TL:CS: BM:2026-27 Date: October 24, 2026 BSE Limited National Stock Exchange ofl ndia Limited Listing & Compliance Department Listing & Compliance Department Exchange Phiroze Jeejeebhoy Towers, Plaza, C-1 Block G, Dalal Street, Bandra Kurla Complex, Mumbai - 40000 I Bandra (E), Mumbai - 400051 SecurityCode:532796 Symbol: LUMAXTECH Subject: 1) 2) Outcome of the Board Meeting held on Saturday, October 24, 2026. Submission of Un-audited Standalone and Consolidated Financial Results for 2nd Quarter and Half Year ended September 30, 2026 Dear Sir/Ma'am, Pursuant to the provisions of Regulation 30 and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (hereinafter referred to as "the Listing Regulations"), we hereby inform you that the Board of Directors at their Meeting held today i.e., Saturday, October 24, 2026, have, inter-al ia, considered and approved the following matters. I. The Un-audited Standalone and Consolidated Financial Results for the 2"'1 Quarter and Half Year ended September 30, 2026, as recommended by the Audit Committee. A copy of Un audited Standalone and Consolidated Financial Results along with Limited Review Reports, received from Price Waterhouse Chattered Accountants LLP, Statutory Auditors, are enclosed herewith as per Regulation 33 of the Listing Regulations. The extracts of Un-audited Consolidated Financial Results will be published in the Newspapers in terms of Regulation 4 7( I) of the Listing Regulations, as amended from time to time. 2. Issuance of Corporate Guarantee/Letter of Comfort/Post Dated Cheques (PDCs) to secure the Loan Provided / to be Provided by Banks/ Financial Institutions/ Non-Banking Finance Companies (NBFC) to Lumax Greenfuel Energy Solutions Private Limited, a subsidiary of the Company, for an additional amount upto Rs. 15 Crores (Rupees Fifteen Crores Only), as recommended by the Audit Committee. The detailed disclosure in accordance with the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, with regard to the aforesaid issuance of Corporate Guarantee/Letter of Comfort/Post Dated Cheques (PDCs) is enclosed herewith as Annexure-A. 3. Setting up of a new Mechatronics manufacturing facility of the Company at Manesar, Haryana with a capital outlay of around Rs. 150 Crores. This project will cater to the requirement for Electronic Components including Body Control Module, etc. for leading OEMs. The Capex will be funded by mix of Debt and internal accruals. The peak annualized turnover is expected to the tune of around Rs. 500 Crores post commissioning. The Project is expected to be commissioned in 2 phases starting Q3 FY 2028. M Ol ,.._ Ol ... M ~ a. 00 Ol ::; 0 Ol 0 Ol ;;; -' z 0 Lumax Auto Technologies Limited Plot No. -878. Udyog Vlhar Phase-V, Gurugram-122016 Haryana, India www.lumaxworld.in Lumax Auto Technologies Limited - REGD. OFFICE: 2"'Floor. Harbans Bhawan-11. Commercial Complex, Nangal Raya, New Delhi-110046. T - +9111 4985 7832, E - caoerlumoxmatl.corn DK JAIN GROUP
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LUMftX 1945 10 ETERNITY 4. Took Note of the relocation of a manufacturing facility of the Company from Plot No. 7 - I 0, 23 - 25, Gat No. 53, Sahajapur, Aurangabad to Plot No. B 14/2, MIDC Waluj, Chhatrapati Sambhajinagar, Maharashtra - 43 1136. The Meeting of the Board of Directors commenced at 12:30 P.M. and concluded at Ol '.3o P.M. The above outcome shall also be made available on the website of the Company at https:/ /www.lumaxworld.in/I umaxautotech/i ndex.htm I You are requested to kindly take the same in your records and oblige. Thanking you, Yours faithfully, For Lumax Auto Technologies Limited Pankaj Mahendru Company Secretary & Compliance Officer ICSI Membership No. A28161 Enc: As stated above Lumax Auto Technologies Limited Plot No. -878, Udyog Vlhar Phase-V, Gurugram-122016 Ha,y ana, India T +91124 4760000 E shares@lumaxmail.com www .lumaxworld.in Lumax Auto Technologies Limited - REGD. OFFICE: 2"'Floor. Harbans Bhawan-11. Commercial Complex, Nangal Raya, New Delhi-110046. T - +9111 4985 7832. E - cao g'lumaxmail.corn DK JAIN GROUP
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LUMnx* Lumax Auto Technologies Limited ~--~ Regd. Office : 2nd Floor, Harbans Bhawan-11, Commercial Complex, Nangal Raya, New Delhi- 110046 I ~- Website: www.lumaxworld.in/ lumaxautotech Tel: +9111 4 9857832 r."["~ - - Email: shares@lumaxmail.com, CIN: L31909DL1981PLC349793 19 45 "' ETERN ITY (Rs. in Lakhs unless otherwise stated) Statement of standalone unaudited financial results for the quarter and half year ended September 30, 2026 Sr. No. Particulars Quarter ended Half year ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Restated)* (Restated)* 1 Income a) Revenue from operations 1,20,469.75 1,00,924.81 87,281.36 2,21,394.56 1,61,318.79 3,60,548.91 b) Other income 2,002.24 2,486.95 2,349.82 4,489.19 3,797.63 5,726.46 Total Income 1,22,471.99 1,03,411. 76 89,631.18 2,25,883. 75 1,65,116.42 3,66,275.37 2 Expenses a) Cost of materials consumed 71,141.83 58,148.87 47,666.60 1,29,290. 70 87,710.94 1,97,561.15 b) Purchases of stock-in-trade 8,748.50 6,740.01 7,969.05 15,488.51 15,081.76 32,254.29 c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (731.16) (740.55) (154.93) (1,471.71) 401.61 802.34 d) Employee benefits expense 15,104.34 14,039.87 11,835.84 29,144.21 22,535.15 48,234.45 e) Finance costs 1,854.47 1,952.25 1,900.51 3,806.72 3,691.04 8,355.04 f) Depreciation and amortisation expense 3,397.84 3,375.19 2,932.33 6,773.03 5,678.53 12,386.47 g) Other expenses 11,276.28 10,053.36 9,591.28 21,329.64 17,120.97 37,707.22 Total expenses 1,10·,192,10 93,569.00 81,740.68 2,04,361.10 1,52,220.00 3,37,300.96 3 Profit before exceptional items and tax for the period/ year (1-2) 11,679.89 9,842.76 7,890.50 21,522.65 12,896.42 28,974.41 4 Exceptional Items (refer note 3 & 4) 1,664.67 5 Profit before tax for the period/ year (3-4) 11,679.89 9,842.76 7,890.50 21,522.65 12,896.42 27,309.74 6 Income tax expense Current tax 2,728.04 2,739.93 1,750.18 5,467.97 3,056.55 7,854.36 Deferred tax charge/(credit) 52.20 (272.63) 32.42 (220.43) (112.18) (1,232.32) Total income tax expense 2,780.24 2,467.30 1,782.60 5,247.54 2,944.37 6,622.04 7 Profit for the period/ year (5-6) 8,899.65 7,375.46 6,107.90 16,275.11 9,952.05 20,687.70 8 Other comprehensive income (net of tax) Item that will not to be reclassified to profit or loss Re-measurement gain/ (loss) on defined benefit plans 37.72 37.72 (20.09) 75.44 (27.96) 248.93 Income tax effect (37.97) 5.06 (37.97) 7.04 (62.36) Gain on FVTOCI financial assets 1,522.49 3,278.63 7,490.70 4,801.12 13,218.19 11,133.41 Income tax effect (217.72) (468.84) (1,071.17) (686.56) (1,890.20) (1,592.08) Other comprehensive income for the period/ year (net of tax) 1,342.49 2,809.54 6,404.50 4,152.03 11,307.07 9,727.90 9 Total comprehensive income for the period/ year (net of tax) (7+8) 10,242.14 10,185.00 12,512.40 20,427.14 21,259.12 30,415.60 10 Paid-up equity share capital (face value of Rs. 2 each) 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 11 Other equity 1,02,264.27 12 Earnings per share (face value of Rs. 2 each) (not annualised) Basic earnings per equity share (in Rs.) 13.06 10.82 8.96 23.88 14.60 30.35 Diluted earnings per equity share (in Rs.) 13.06 10.82 8.96 23.88. 14.60 30.35 •o n account of merger as per Ind AS 103 (refer notes 5 (a) and 5 (bl) ¥
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Statement of standalone unaudited assets and liabilities as at September 30, 2026 {Rs. in Lakhs unless otherwise stated/ Sr. No. Particulars As at As at 30.09.2026 31.03.2026 (Unaudited) (Audited) I ASSETS Non-current assets Property, plant and equipment 58,003.13 57,257.49 Right-of-use assets 12,563.56 13,554.11 Capital work-in-progress 5,274.89 3,221.35 Investment properties 2,518.73 2,556.49 Goodwill 9,348.86 9,348.86 Other intangible assets 15,125.00 16,333.95 Financial assets Investment in subsidiaries 15,769.42 14,879.16 Investments 35,793.76 31,260.95 Loans 1,077.55 1,010.65 Other financial assets 7,042.81 6,176.97 Income tax assets (net) 82.79 82.79 Other non-current assets 3,533.57 1,723.13 Total non-current assets (A) 1,66,134.07 1,57,405.90 Current assets Inventories 26,296.35 23,374.32 Financial assets Investments 16,062.89 15,639.38 Trade receivables 83,717.81 80,490.12 Cash and cash equivalents 6,632.52 4,590.65 Other bank balances 635.47 627.97 Loans 346.02 418.01 Other financial assets 5,490.09 3,744.56 Other current assets 14,030.24 11,094.17 Total current assets (B) 1,53,211.39 1,39,979.18 Assets classified as held for sale (C) 216.35 216.35 Total assets (A+B+C) 3,19,561.81 2,97,601.43 II EQUITY AND LIABILITIES Equity Equity share capital 1,363.15 1,363.15 Other equity 1,18,942. 70 1,02,264.27 Total equity (A) 1,20,305.85 1,03,627.42 Liabilities Non-current liabilities Financial liabilities Borrowings 20,372.33 24,319.06 Lease liabilities 12,027.00 13,191.59 Employee benefit obligations 526.75 345.50 Provisions 398.64 375.72 Deferred tax liabilities (net) 3,603.00 3,098.90 Total non-current liabilities (B) 36,927.72 41,330.77 Current liabilities Financial liabilities Borrowings 50,297.91 56,488.97 Lease liabilities 5,324.96 5,146.36 Trade payables - total outstanding dues of micro and small enterprises 10,374.74 8,273.60 - total outstanding dues of other than micro and small enterprises 66,404.49 55,629.46 Other financial liabilities 7,610.74 7,855.37 Other current liabilities 16,651.22 14,722.14 Employee benefit obligations 4,126.07 3,899.72 Current tax liabilities (net) 1,538.11 627.62 Total current liabilities (C) 1,62,328.24 1,52,643.24 Total Equity and Liabilities (A+B+C) 3,19,561.81 2,97,601.43
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Statem ent of standalone unaudited cash flow s for the half year ended Septem ber 30, 2026 Particulars Cash Flow from Operating Activities Profit before tax Adjustment to reconcile profit before tax to net cash flows Depreciation and amortisation expense Profit on sale of Property, plant and equipment (net) Gain on derecognition of Right-of-use assets Dividend Income Liabilities/ provisions no longer required, written back Government grant Income Net impairment losses on financial assets Net impairment losses on inventory Advances written off Unrealised exchange (gain)/loss Rental income Interest income Finance cost Gain on investments Operating profit before working capital changes Movements in working capital: (Increase) in trade receivables (Increase) in other financial assets (lncrease)/ Decrease in other assets (Increase) in inventories Increase in trade payables (Decrease) in other flnancial liabilities Increase in other current liabilities and provisions Cash generated from operations Direct taxes paid Net cash generated from operating activities (A) Cash Flow from Investing Activities Purchase of Property, plant and equipment and intangible assets (including capital work in progress and capital advances) Proceeds from sale of property, plant and equipment Loan received back from subsidiaries Dividend received Investment in subsidiaries Proceeds from Sale of stake in Subsidiary Purchase of current investments Sale of current investments Purchase of non-current investments Investment in bank deposits Redemption of bank deposits Rent received Interest received Net cash used in investing activities (B) Cash Flow from Financing Activities Proceeds from long term borrowings Repayment of long term borrowings Proceeds from short term borrowings (net) Dividend paid Interest paid Payment of principal portion of lease liabilities Net cash (used)/generated from financing activities (C) Net increase/(decrease) in cash and cash equivalents (A+ B + C) Cash and cash equivalents at the beginning of the period Cash and cash equivalents at the end of the period Non-cash financing and investing activities Acquisition of Right-of-use assets .- Components of cash and cash equivalents Cash on hand Balance with banks ~ In current accounts - In EEFC accounts - Deposits with original maturity of 3 months or less Total cash and cash equivalents \ (Rs. in Lakhs unless otherwise stated) Half year ended Half year ended 30.09.2026 30.09.2025 (Unaudited) (Unaudited) [Restated]" 21,522.65 12,896.42 6,773.03 5,678.53 (43.81) (6.25) (78.27) (106.48) (1,783.46) (1,512.40) (54.52) (272.85) (202.14) 39.25 4.85 62.51 1.51 (28.54) 28.99 (420.90) (401.84) (320.33) (242.40) 3,806.72 3,691.04 (1,188.05) (876.05) 28,014.94 18,952.27 (3,309.93) (422.14) (2,660.22) (252.58) (2,935.56) 1,641.32 (2,984.54) (2,444.37) 13,108.83 4,287.18 (235.90) (51.33) 2,412.19 6,236.62 31,409.81 27,946.97 (4,557.48) (3,702.30) 26,852.33 24,244.67 (8,716.11) (10,511.72) 98.08 33.28 197.50 47.50 1,783.46 1,512.40 (891.79) (22,095.76) 1.53 (4,125.24) (37,358.82) 5,158.09 35,987.13 (499.73) (3,824.79) 3,817.29 235.51 420.90 401.84 302.75 195.78 (5,778.33) (32,052.59) 14,253.57 19,859.60 (24,934.59) (8,252.90) 467.85 3,568.73 (3,748.67) (3,748.64) (3,708.49) (3,655.95) (1,361.80) (929.08) (19,032.13) 6,841.76 2,041.87 (966.16) 4,590.65 5,334.76 6,632.52 4,368.60 619.81 1,951.26 3.35 4.19 6,582.53 4,228.45 37.16 9.48 135.96 6,632.52 4,368.60 'On account of merger as per Ind AS 103 (refer notes 5 (a) and 5 (b))
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Notes: 1. The above Standalone Unaudited Financial Results of Lumax Auto Technologies Limited ('the Company') have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 24, 2026. 2. These Standalone Unaudited Financial Results have been prepared in accordance with the recognition and measurement principles of Ind AS 34 'Interim Financial Reporting' prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended and other accounting principles generally accepted. 3. On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour law s. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company had assessed and accounted for the incremental impact of these changes with the best info rmation available and guidance provided by the Institute of Chartered Accountants of India. The impact of the above change amounting to Rs. 960.70 Lakhs was disclosed as "Exceptional Item" in the Standalone Financial Results for the year ended March 31, 2026. 4. The Board of Directors of the Company in its meeting held on May 8, 2026 had considered and approved the sale of its entire equity stake aggregating to 50% of the equity share capital of its subsidiary Company "Lumax Japp Allied Technologies Private Limited" to Japp Holding GmbH, Germany. Accordingly, the Company had recognised an impairment loss amounting to Rs. 703.97 Lakhs as "Exceptional Item" in the Standalone Financial Results for the year ended March 31, 2026. The aforesaid transaction was concluded in the current period and consequently Lumax Japp Allied Technologies Private Limited ceases to be subsidiary of the Company. 5 (a) The Board of Directors of the Company in its meeting held on May 27, 2024, had approved the Scheme of Amalgamation ("the Scheme") for merger of its wholly owned subsidiary company "Lu max Ancillary Limited" ("Transferor Company l") with the Company with appointed date as April 1, 2024. Upon the approval of the Scheme by Hon'ble National Company Law Tribunal ("NCLT") and filing of the said order with the Registrar of Companies, the Company had given effect to the Scheme in the Standalone Financial Results for the quarter and year ended March 31, 2026 using the Pooling of Interest method in accordance with Appendix C "Business combinations of entities within common control" of Ind AS 103 "Business Combinations". Accordingly, the earlier published comparative figures for the quarter and half year ended September 30, 2025 presented in these Standalone Unaudited Financial Results have been restated. S (b) The Board of Directors of the Company in its meeting held on November 8, 2025, had approved the Scheme of Amalgamation ("the Scheme") for merger of its wholly owned subsidiary company "IAC International Automotive India Private Limited" ("Transferor Company 2") with the Company with appointed date as October 1, 2025. Upon the approval of the Scheme by Hon'ble National Company Law Tribunal ("NCLT") and filing of the said order with the Registrar of Companies, the Company had given effect to the Scheme in the Standalone Financial Results for the quarter and year ended March 31, 2026 using the Pooling of Interest method in accordance with Appendix C "Business combinations of entities within common control" of Ind AS 103 "Business Combinations". Accordingly, the earlier published comparative figures for the quarter and half year ended September 30, 2025 presented in these Standalone Unaudited Financial Results have been restated. 6. The Company's business activity falls within a single business segment i.e. manufacturing and trading of automotive components. Based on the information reported to the Chief Operating Decision Maker ('CODM') for the purpose of resource allocation and assessment of performance, there are no reportable segments in accordance with requirement of Ind AS 108 on 'Operating Segment' notified under the Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended. Further, the operations of the Company is domiciled in India and therefore there are no reportable geographical segment. 7. The above Star1dalone Unaudited Financial Results are available on the Company's website www.lumaxworld.in/lumaxautotech and also on the websites of NSE (www.nseindia.com) and SSE (www.bseindia.com). For and on behalf of the Board of Directors of Lumax Auto Technologies Limited Place: Date: Gurugram October 24, 2026 DIN: 00004993 * DK JAIN GROUP
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Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Lumax Auto Technologies Limited Plot No. 878, Phase - V, Udyog Vihar, Gurugram Haryana - 122016 1. We have reviewed the standalone unaudited financial results of Lumax Auto Technologies Limited (the "Company") for the quarter ended September 30, 2026 and the year to date results for the period April 1, 2026 to September 30, 2026, and the Statement of Assets and Liabilities as on that date and the Statement of Cash Flows for the half-year ended on that date which are included in the accompanying "Statement of standalone unaudited financial results for the quarter and half year ended September 30, 2026, the Statement of standalone unaudited assets and liabilities as at September 30, 2026, the Statement of standalone unaudited cash flows for the half year ended September 30, 2026 and the Notes" (together the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEEi (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. The Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 3. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We draw your attention to: a. Note 5(a) to the Statement regarding the Scheme of Amalgamation (the "Scheme 1") of Lumax Ancillary Limited, wholly-owned subsidiary, (the "Transferor Company 1") with the Company, which has been approved by the National Company Law Tribunal ("NCLT"), New Delhi vide its order dated March 11, 2026; and b. Note 5(b) to the Statement regarding the Scheme of Amalgamation (the "Scheme 2") of IAC International Automotive India Private Limited, wholly-owned subsidiary, (the "Transferor Company 2") with the Company, which has been approved by the NCLT, New Delhi vide its order dated May 8, 2026. Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower - B, DLF Cyber City, Gurugram - 122 002 T: +91 (124) 6169910 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 11 0002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its !CAI registration number is 012754N/N500016 (!CAI registration number before conversion was 012754N)
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The Company has accounted for these amalgamations in accordance with Appendix C "Business combinations of entities under common control" of Ind AS 103 "Business Combinations" as specified in the respective schemes approved by NCLT and, accordingly, the comparative financial information for the quarter ended September 30, 2025 and the year to date results for the period April 1, 2025 to September 30, 2025, has been restated. Our conclusion is not modified in respect of this matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/ N500016 Anurag Khandelwal Partner Membership Number: 078571 · UDIN: 26078571LCPFIY7379 Place: Gurugram Date: October 24, 2026
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Lumax Auto Technologies Limited 4--, -- LUMftX Regd. Office : 2nd Floor, Harbans Bhawan-11, Commercial Complex, Nangal Raya, New Delhi- 110046 I .. :J Website: www.lumaxworld.in/ lumaxautotech Tel: +9111 49857832 ,::-,.":=:- Email: shares@lumaxmail.com, CIN: l31909DL1981PLC349793 (Rs. in Lakhs unless otherwise stated} Statement of consolidated unaudited financial results for the quarter and half year ended September 30, 2026 Sr. No. Particulars Quarter ended Half year ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income a) Revenue from operations 1,55,550.53 1,36,361.57 1,15,636.22 2,91,912.10 2,18,273.51 4,87,033.03 b) Other income 1,871.36 1,516.22 1,557.82 3,387.58 2,646.36 4,642.25 Total Income 1,57,421.89 1,37,877.79 1,17,194.04 2,95,299.68 2,20,919.87 4,91,675.28 2 Expenses a) Cost of materials consumed 94,040.44 81,142.62 65,656.15 1,75,183.06 1,24,593.33 2,81,304.18 b) Purchases of stock-in-trade 8,748.50 6,740.01 7,969.05 15,488.51 15,081.76 32,254.29 c) Changes in inventories of finished goods, stock-in-trade and work-in-progress (683.97) (600.64) (189.89) (1,284.61) 108.49 (872.55) d) Employee benefits expense 19,138.86 17,861.96 15,072.32 37,000.82 28,981.69 61,187.25 e) Finance costs 2,424.15 2,471.14 2,448.88 4,895.29 4,756.42 10,544.60 fl Depreciation and amortisation expense 4,971.93 4,860.15 4,126.57 9,832.08 7,971.67 17,906.28 g) Other expenses 13,357.59 12,197.92 11,677.55 25,555.51 21,569.41 47,309.46 Total expenses 1,41,997.50 1,24,673.16 1,06,760.63 2,66,670.66 2,03,062. 77 4,49,633.51 3 Profit before exceptional item and tax for the period/ year (1-2) 15,424.39 13,204.63 10,433.41 28,629.02 17,857.10 42,041.77 4 Exceptional Item (refer note 6) 1,449.65 5 Profit before tax for the period/ year (3-4) 15,424.39 13,204.63 10,433.41 28,629.02 17,857.10 40,592.12 6 Income tax expense Current tax 3,732.74 3,839.86 2,703.08 7,572.60 4,836.35 10,910.57 Deferred tax charge/(credit) 24.54 (498.88) (25.21) (474.34) (134.38) (4,033.04) Total income tax expense 3,757.28 3,340.98 2,677.87 7,098.26 4,701.97 6,877.53 7 Profit for the period/year (5-6) 11,667.11 9,863.65 7,755.54 21,530.76 13,155.13 33,714.59 8 Other comprehensive income (net of tax) Item that will not to be reclassified to profit or loss Re-measurement gain/ (loss) on defined benefit plans 55.38 40.05 (16.70) 95.43 (23.65) 287.59 Income tax effect (4.53) (37.94) 4.46 (42.47) 6.21 (71.56) Gain on FVTOCI financial assets 1,522.49 3,278.63 7,490.70 4,801.12 13,218.19 11,133.41 Income tax effect (217.77) (468.84) (1,071.17) (686.61) (1,890.20) (1,592.08) Other comprehensive income for the period/ year (net of tax) 1,355.57 2,811.90 6,407.29 4,167.47 11,310.55 9,757.36 9 Total comprehensive income for the period/ year (net of tax) (7+8) 13,022.68 12,675.55 14,162.83 25,698.23 24,465.68 43,471.95 10 Profit attributable to: a) Owners of Lumax Auto Technologies limited 10,550.89 8,663.99 6,685.44 19,214.88 10,827.36 27,885.68 b) Non-controlling interest 1,116.22 1,199.66 1,070.10 2,315.88 2,327.77 5,828.91 c) Total Profit (a+b) 11,667.11 9,863.65 7,755.54 21,530.76 13,155.13 33,714.59 11 Other comprehensive income attributable to: a) Owners of Lumax Auto Technologies limited 1,347.62 2,811.45 6,407.26 4,159.07 11,311.54 9,741.50 b) Non-controlling interest 7.95 0.45 0.03 8.40 (0.99) 15.86 c) Total other comprehensive income (a+b) 1,355.57 2,811.90 6,407.29 4,167.47 11,310.55 9,757.36 12 Total comprehensive income attributable to: (10+11) a) Owners of Lumax Auto Technologies limited 11,898.51 11,475.44 13,092.70 23,373.95 22,138.90 37,627.18 b) Non-controlling interest 1,124.17 1,200.11 1,070.13 2,324.28 2,326.78 5,844.77 c) Total comprehensive income (a+b) 13 022.68 12 675.55 14 162.83 25 698.23 24 465.68 43 471.95 13 Paid-up equity share capital (face value of Rs. 2 each) 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 1,363.15 14 Other equity 1,19,658.42 15 Earnings per share (face value of Rs. 2 each) (not annualised) Basic earnings per equity share (in Rs.) 15.48 12.71 9.81 28.19 15.89 40.91 Diluted earnings per equity share (in Rs.) 15.48 12.71 9.81 28.19 15.89 40.91 Key: Standalone Financial Information• I Revenue from operations 1,20,469.75 1,00,924.81 87,281.36 2,21,394.56 1,61,318.79 3,60,548.91 2 Profit before tax for the period/year 11,679.89 9,842.76 7,890.50 21,522.65 12,896.42 27,309.74 3 Profit for the period/year 8,899.65 7,375.46 6,107.90 16,275.11 9,952.05 20,687.70 4 Total comprehensive income for the period/year 10,242.14 10,185.00 12,512.40 20,427.14 21,259.12 30,415.60 • On account of merger (refer notes S (a) & 5 (bl), key standalone financial information for quarter and half year ended September 30, 2025 has been restated.
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Statement of consolidated unaudited assets and liabilities as at September 30, 2026 (Rs. in Lakhs unless otherwise stated) As at As at Sr. No. Particulars 30.09.2026 31.03.2026 !Unaudited! IAuditedl I ASSETS Non-current assets Property, Plant and Equipment 80,581.93 80,157.12 Right-of-use assets 21,960.14 21,896.56 Capital work-in-progress 14,444.59 6,536.48 Investment properties 2,118.70 2,165.00 Goodwill 17,676.53 17,676.53 Other intangible assets 27,406.53 29,704.76 Financial Assets Investments 35,793.76 31,260.95 Loans 257.96 140.84 Other financial assets 4,007.68 2,96 1.02 Deferred tax assets (net) 431.43 6.45 Income tax assets (net) 1,328.79 1,297.90 Other non-current assets 4,430.85 2,714.48 Total non-current assets (A) 2,10,438.89 1,96,518.09 Current assets Inventories 45,943.25 41,200.54 Financial assets Investments 26,580.50 25,207.94 Trade receivables 1,04,839.57 1,01,487.77 Cash and cash equivalents 8,221.36 8,189.15 Other bank balances 1,139.71 1,169.82 loans 227.59 180.30 Other financial assets 5,587.25 4,321.17 Other current assets 20,620.28 15,949.10 Total current assets (B) 2,13,159.Sl 1,97,705.79 Assets classified as held for sale (Cl 216.35 476.78 Total Assets (A+B+C) 4,23,814. 75 3,94,700.66 II EQUITY AND LIABILITIES EQUITY Equity share capital 1,363.15 1,363.15 Other equity 1,39,091.91 1,19,658.42 Equity att ributable to equity holders of the parent (A) 1,40,455.06 1,21,021.57 Non-controlling interest (Bl 28,613.02 26,576.68 Total Equity (A+B) 1,69,068.08 1,47,598.25 LIABILITIES Non-current liabilities Financial liabilities Borrowings 33,117.36 37,569.09 Lease liabilities 17,360.58 16,810.09 Employee benefit obligations 976.09 796.00 Provisions 398.64 375.71 Deferred tax liabilities (net) 4,777.81 4,091.47 Total non-current liabilities (C) 56,630.48 59,642.36 Current liabilities Financial liabilities Borrowings 57,436.39 62,497.27 Lease liabilities 6,113.51 6,233.59 Trade payables - total outstanding dues of micro and small enterprises 13,037.03 10,494.32 - total outstanding dues of other than micro and small enterprises 85,349.34 75,494.59 Other financial liabilities 10,401.64 9,523.60 Other current liabilities 18,0!ll .83 17,011.28 Employee benefit obligations 5,904.14 5,493.05 Current tax liabilities (net) 1,782.31 712.35 Total current liabilities (D) 1,98,116.19 1,87,460.0S Total Equity and Liabilities (A+B+C+D) 4,23,814. 75 3,94,700.66
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Statement of consolidated unaudited cash flows for the half year ended September 30, 2026 (Rs. in Lakhs unless otherwise stated) Particulars Half year ended Half year ended 30.09.2026 30.09.2025 (Unaudited) (Unaudited) Cash Flow from Operating Activities Profit before tax 28,629.02 17,857.10 Adjustment to reconcile profit before tax to net cash flows Depreciation and amortisation expense 9,832.08 7,971.67 Profit on sale of Property, plant and equipment (net) (184.86) (49.37) Gain on derecognition of Right-of-use assets (78.27) Dividend Income (613.30) (469.80) Liabilities/ provisions no longer required, written back (84.14) Government grant Income (289.13) (282.69) Net impairment losses on financial assets 39.25 Net impairment losses on inventory 62.51 Bad debts written off 4.85 Advances written off 1.51 3.20 Unrealised exchange (gain)/ loss (44.03) 158.35 Rental income (201.28) (186.09) Interest income (158.60) (283.77) Finance cost 4,895.29 4,756.42 Gain on investments (1,595.96) (1,129.24) Operating profit before working capital changes 40,210.09 28,350.63 Movements in working capital : {Increase) in trade receivables (3,451.09) (1,554.99) (Increase) in other financial assets (2,943.61) (270.31) (lncrease)/ Decrease in other assets (4,667.40) 999.49 (Increase) in inventories (4,805.22) (3,368.65) Increase in trade payables 12,640.22 7,284.43 lncrease/(Decrease) in other financial liabilities 76.15 (200.75) Increase in other current liabilities and provisions 1,767.16 6,462.61 Cash generated from operations 38,826.30 37,702.46 Direct taxes paid (6,533.53) (5,528.15) Net cash generated from operating activities (A) 32 292.77 32 174.31 Cash Flow from Investing Activities Purchase of Property, plant and equipment and intangible assets (including capital work in progress and capital advances) (14,349.84) (14,044.85) Proceeds from sale of property, plant and equipment 582.14 125.17 Dividend received 613.30 469.80 Purchase of current investments (5,018.14) (43,761.98) Sale of current investments 5,557.12 41,503.92 Purchase of non-current investments (499.73) Investment in bank deposits (3,824.79) (3,873.70) Redemption of bank deposits 4,469.27 2,205.51 Rent received 201.28 186.09 Interest received 153.87 284.62 Net cash used in investing activities (B) 111 615.791 117 405.151 Cash Flow from Financing Activities Proceeds from long term borrowings 15,493.38 23,621.63 Repayment of long term borrowings (26,563.48) (9,029.68) Proceeds from Non-controlling interest 700.00 Proceeds from Sale of Subsidiary 1.53 Payment for acquisition of Non-controlling interest (191.79) (22,095.76) Proceeds from short term borrowings (net) 1,634.19 4,524.69 Dividend paid (4,785.41) (4,660.79) Interest paid (4,949.06) (4,282.71) Payment of principal portion of lease liabilities (1,984.13) (1,762.53) Net cash used in financing activities (C) 120 644.771 113 685.151 Net increase in cash and cash equivalents (A+B+C) 32.21 1,084.01 Cash and cash equivalents at the beginning of the period 8,189.15 7,216.57 Cash and cash equivalents at the end of the period 8,221.36 8,300.58 Non-cash financing and investing activities Acauisition of RiE.ht-of-use assets 2,590.82 3,041.38 Components of cash and cash equivalents Cash on hand 11.05 12.37 Balance with banks - In current accounts 7,716.57 6,180.14 - In EEFC accounts 37.16 - Deposits with original maturity of 3 months or less 456.58 2,108.07 Total cash and cash equivalents 8 221.36 8 300.58
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Notes: 1. The above Consolidated Unaudited Financial Results of Lumax Auto Technologies Limited ("the Holding Company"} and its subsidiaries (together referred as "the Group") have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 24, 2026. 2. The Consolidated Financial Results include the results of the following entities namely, Holding Company: Lumax Auto Technologies Limited (including Lumax Ancillary Limited and IAC International Automotive India Private Limited - Refer Notes 5 (a) and 5 (b) below); Subsidiaries: (a) Lumax Mannoh AIHed Technologies Limited (b) Lumax Cornaglia Auto Technologies Private Limited (c) Lumax Greenfuel Energy Solutions Private Limited (formerly known as Lumax Resources Private Limited) (d) Lumax Alps Alpine India Private Limited {e) Lumax Yokowo Technologies Private Limited (f} Lumax FAE Technologies Private Limited {g) Lumax lturan Telematics Private Limited (h) Lumax Japp Allied Technologies Private Limited {Upto June 29, 2026 (refer note 4 below)) {i) Lumax Management Services Private Limited {j) Lumax Autocomp Private Limited {k) Lumax Auto Solutions Private Limited. 3. These Consolidated Unaudited Financial Results have been prepared in accordance with the recognition and measurement principles of Ind AS as notified under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended and other accounting principles generally accepted. The said Consolidated Financial Results represent the results of the Group which have been prepared in accordance with Ind AS 110 "Consolidated Financial Statements". 4. The Board of Directors of the Holding Company in its meeting held on May 8, 2026 had considered and approved the sale of its entire equity stake aggregating to 50% of the equity share capital of its subsidiary Company "Lumax Japp Allied Technologies Private Limited" to Japp Holding GmbH, Germany. The aforesaid transaction was concluded in the current period and consequently Lumax Japp Allied Technologies Private Limited ceases to be subsidiary of the Holding Company. The Consolidated Financial Results for the half year ended September 30, 2026 includes results of Lumax Japp Allied Technologies Private Limited upto June 29, 2026. 5 {a) The Board of Directors of the Holding Company in its meeting held on May 27, 2024, had approved the Scheme of Amalgamation ("the Scheme") for merger of its wholly owned subsidiary company "Lumax Ancillary Limited" ("Transferor Company 1") with the Holding Company with appointed date as April 1, 2024. Upon the approval of the Scheme by Hon'ble National Company Law Tribunal ("NCLT") and filing of the said order with the Registrar of Companies, the Holding Company had given effect to the Scheme in the Standalone Financial Results of the Holding Company for the quarter and year ended March 31, 2026 using the Pooling of Interest method in accordance with Appendix C "Business combinations of entities within common control" of Ind AS 103 "Business Combinations". There is no impact of the said merger on the Consolidated Unaudited Financial Results. 5 (b) The Board of Directors of the Holding Company in its meeting held on November 8, 2025, had approved the Scheme of Amalgamation {"the Scheme") for merger of its wholly owned subsidiary company "IAC International Automotive India Private Limited" ("Transferor Company 2") with the Holding Company with appointed date as October 1, 2025. Upon the approval of the Scheme by Hon'ble National Company Law Tribunal ("NCLT") and filing of the said order with the Registrar of Companies, the Holding Company had given effect to the Scheme in the Standalone Financial Results for the quarter and year ended March 31, 2026 using the Pooling of Interest method in accordance with Appendix C "Business combinations of entities within common control" of Ind AS 103 "Business Combinations". There is no impact of the said merger on the Consolidated Unaudited Financial Results. 6. On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group had assessed and accounted for the incremental impact of these changes with the best information available and guidance provided by the Institute of Chartered Accountants of India. The impact of the above change amounting to Rs. 1,449.65 Lakhs was disclosed as "Exceptional item" in the Consolidated Financial Results for the year ended March 31, 2026. 7. The Group's business activity falls within a single business segment i.e. manufacturing and trading of automotive components. Based on the information reported to the Chief Operating Decision Maker ('CODM') for the purpose of resource allocation and assessment of performance, there are no reportable segments in accordance with requirement of Ind AS 108 on 'Operating Segment' notified under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 as amended. Furt her, the operations of the Group are domiciled in India and therefore there are no reportable geographical segment. 8. The above Consolidated Unaudited Financial Results are available on the Holding Company's website www.lumaxworld.in/lumaxautotech and also on the websites of NSE (www.nseindia.com) and SSE (www.bseindia.com). Place : Gurugram Date : October 24, 2026 For and on behalf of the Board of Directors of Lumax Auto Technologies Limited AnmolJain ManaJtn Director J21N~ 0004993 * DK JAIN GROUP
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Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Lumax Auto Technologies Limited Plot No. 878, Phase - V, Udyog Vihar, Gurugram - 122016 1. We have reviewed the consolidated unaudited financial results of Lumax Auto Technologies Limited (the "Holding Company") and its subsidiaries (the Holding Company and its subsidiaries hereinafter referred to as the "Group") (refer Note 2 on the Statement) for the quarter ended September 30, 2026 and the year to date results for the period April 1, 2026 to September 30, 2026 and the Consolidated Unaudited Statement of Assets and Liabilities as on that date and the Consolidated Unaudited Statement of Cash Flows for the half-year ended on that date which are included in the accompanying "Statement of consolidated unaudited financial results for the quarter and half year ended September 30, 2026, the Statement of consolidated unaudited assets and liabilities as at September 30, 2026 and the Statement of consolidated unaudited cash flows for the half year ended September 30, 2026 and the Notes" (together the "Statement"). The Statement is being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. 2. This Statement, which is the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEEi (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower - B, DLF Cyber City, Gurugram - 122 002 T: +91 (124) 6169910 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is 012754N/N500016 (ICAI registration number before conversion was 012754N)
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4. The Statement includes the results of the following entities: • Lumax Auto Technologies Limited (including Lumax Ancillary Limited and IAC Intern ational Automotive India Private Limited), the Holding Company ' • Subsidiary Companies a. Lumax Mannoh Allied Technologies Limited b. Lumax Cornaglia Auto Technologies Private Limited c. Lumax Greenfuel Energy Solutions Private Limited (formerly known as Lumax Resour ces Private Limited) d. Lumax Alps Alpine India Private Limited e. Lumax Yokowo Technologies Private Limited f. Lumax FAE Technologies Private Limited g. Lumax lturan Telematics Private Limited h. Lumax JOPP Allied Technologies Private Limited (till June 29, 2026) i. Lumax Management Services Private Limited j. LumaxAutocomp Private Limited k. Lumax Auto Solutions Private Limited 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referr ed to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measur ement · principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The interim financial results of five subsidiaries reflect total assets of Rs. 42,541.98 lakhs and net assets of Rs. 15,614.14 lakhs as at September 30, 2026 and total revenues of Rs. 9,433.79 lakhs and Rs. 19,725.49 lakhs, total net profit/Closs) after tax of Rs. (84-45) lakhs and Rs. 921.76 lakhs and total comprehensive income/(loss) of Rs. (88.64) iakhs and Rs. 919.95 lakhs, for the quarter ended . . September 30, 2026 and for the period from April 1, 2026 to September 30, 2026, respectively, and cash flows (net) of Rs. (171.34) lakhs for the period from April 1, 2026 to September 30, 2026, as considered in the consolidated unaudited financial results. These interim financial results have been reviewed by other auditors and their reports, vide which they have issued an unmodified conclusion, have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosur es included in respect of these subsidiaries is based on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter.
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7. The consolidated unaudited financial results include the interim financial results of three subsidiaries which have not been reviewed by their auditors, whose interim financial results reflect total assets of Rs. 17.62 lakhs and net assets of Rs. 16.72 lakhs as at September 30, 2026 and total revenue of Rs. Nil and Rs. 401.48 lakhs, total net (loss) after tax of Rs. (0.78) lakhs and Rs. (110.28) lakhs and total comprehensive (loss) of Rs. (0.78 lakhs) and Rs. (110.28) lakhs for the quarter ended September 30, 2026 and for the period from April 1, 2026 to September 30, 2026, respectively, and cash flows (net) of Rs. (0.80) lakhs for the period from April 1, 2026 to September 30, 2026, as considered in the consolidated unaudited financial results. According to the information and explanations given to us by the Management, these interim financial results are not material to the Group. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/ N500016 Anurag Khandelwal Partner Membership Number: 078571 UDIN: 26078571HFLSGN6933 Place: Guru gram Date: October 24, 2026
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LUMnx 194S•oETERNITY Annexure-A Disclosure as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD POD2/l/3762/2026 dated January 30, 2026 along with the details as required under Regulation 30 and other relevant provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Particulars Disclosure a) Name of Party for which such guarantees or Lumax Greenfuel Energy Solutions Private Limited indemnity or surety was given; (LGESPL). b) Whether the promoter/ promoter group The Company holds 60% of the equity share capital companies have any interest Ill this of LGESPL. transaction? If yes, nature of interest and detai Is thereof and whether the same is done at The transaction will be on arm's length basis. "arm's length" c) Brief details of such guarantee or indemnity The Company will provide a Corporate Guarantee/ or becoming a surety VIZ. brief detai Is of Letter of Comfort/ Post Dated Cheques (PDCs) in agreement entered (if any) including favour of Banks/ Financial Institutions/ Non- significant terms and conditions, including Banking Financial Companies (NBFCs) with amount of guarantee; respect to loan availed / to be availed by LGESPL for an additional amount of Rs. 15 Crores (Rupees Fifteen crores only). d) Impact of such guarantees or indemnity or There IS 110 foreseeable impact of issuing the surety on listed entity. Corporate Guarantee/Letter of Comfort/Post Dated Cheques (PDCs) on the Company as the loan, availed/being availed by LGESPL, is required to meet its Capex and working capital requirements. "' "' r-- "' ... "' ~ a. 00 "' :::; 0 "' 0 "' ;;; -' z 0 l umax Auto Technologies Limited Plot No. -878, Uclyog Vihar Phase-V, Gurugrarn-122016 Haryana, India T +91124 4760000 E sharesialurnaxrnail.corn www .lumaxworld.in Lumax Auto Technologies Limited - REGO. OFFICE: 2''"Floor. Harbans Bhawan-I1. Commercial Complex. Nangal Raya, New Delhi-110046. T - +9111 4985 7832, E - cao o lurnaxmail.corn DK JAIN GROUP