Lumax Industries has rescheduled its 45th Annual General Meeting to August 26, 2026, due to unavoidable circumstances. The Board of Directors approved the change through circulation, moving the meeting from the previously planned date of Monday, August 24, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means.

The revised cut-off date to determine shareholders entitled to attend and vote at the AGM is August 20, 2026. This date replaces the previously scheduled cut-off of Tuesday, August 18, 2026. The AGM will cover the financial year ended March 31, 2026.

Revised Schedule

Lumax Auto Technologies Limited has recommended a final dividend of ₹5.50 per equity share of ₹2 each for the financial year ended March 31, 2026. The Board of Directors approved the recommendation in a meeting held on May 29, 2026. The payout is subject to the approval of shareholders at the 45th Annual General Meeting scheduled for Wednesday, August 26, 2026.

The dividend will be payable to members whose names appear in the Register of Members as of the close of business on Thursday, August 06, 2026. The company has communicated the details regarding Tax Deduction at Source (TDS) on the dividend payout to shareholders, pursuant to the Income Tax Act, 2025.

Tax Deduction at Source Rates

The applicable TDS rate varies based on the residential status and category of the shareholder. No tax will be deducted for resident individual shareholders if the total dividend during FY 2026-27 does not exceed ₹10,000. For other resident shareholders, the rate is 10% if a valid PAN is available, rising to 20% if the PAN is invalid or inoperative.

Non-resident shareholders are subject to a base rate of 20% plus surcharge and cess, or the applicable tax treaty rate, whichever is beneficial. Specific categories such as Sovereign Wealth Funds and Pension funds notified under Schedule V of the Act are subject to a NIL TDS rate.

Documentation Requirements

Shareholders must submit necessary documents to the company or its Registrar and Transfer Agent to avail of lower or nil TDS rates. Required documents include copies of PAN cards, Tax Residency Certificates for non-residents, and specific self-declarations in prescribed formats. The deadline for submitting these documents is Monday, August 3, 2026.

The company emphasized that recording a valid Permanent Account Number (PAN) is mandatory. In the absence of a valid PAN, tax will be deducted at a higher rate of 20%. Shareholders have been advised to ensure their bank account details are updated in their demat accounts or physical folios to facilitate the direct credit of dividends.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE872H01027/8a7c4498-cfb2-491f-81b5-86173d39cd4d.pdf