Lumax Auto Technologies Completes Postal Ballot for Key Management Appointments

Lumax Auto Technologies Limited has successfully completed its postal ballot process on December 26, 2025, securing shareholder approval for the re-appointment of key management personnel. The e-voting process concluded at 5:00 P.M. (IST) on Friday, December 26, 2025, with both resolutions receiving overwhelming majority support from shareholders.

Postal Ballot Results Overview

The company conducted the postal ballot exclusively through electronic voting (e-voting) during the period from November 27, 2025, at 9:00 A.M. (IST) to December 26, 2025, at 5:00 P.M. (IST). The voting process was managed by National Securities Depository Limited (NSDL) and overseen by scrutinizer Maneesh Gupta, a practicing Company Secretary.

Parameter:	Details
Total Shareholders on Record Date:	49,687
Record Date:	November 21, 2025
E-Voting Period:	November 27 - December 26, 2025
Total Shares Outstanding:	68,157,705
Scrutinizer:	Maneesh Gupta (F4982)

Resolution 1: Executive Chairman Re-appointment

Shareholders approved the re-appointment of Mr. Dhanesh Kumar Jain (DIN: 00085848) as Executive Chairman and Whole Time Director for a period of 3 years. This special resolution received strong support across all shareholder categories.

Category:	Votes Polled	Votes in Favour	Approval Rate (%)
Promoter and Promoter Group:	37,950,480	37,950,480	100.00
Public Institutions:	14,450,645	10,151,800	70.25
Public Non-Institutions:	1,697,150	1,696,975	99.99
Overall Result:	54,098,275	49,799,255	92.05

Resolution 2: Managing Director Re-appointment

The second special resolution for re-appointing Mr. Anmol Jain (DIN: 00004993) as Managing Director for 5 years also secured majority approval, though with slightly different voting patterns.

Category:	Votes Polled	Votes in Favour	Approval Rate (%)
Promoter and Promoter Group:	25,236,317	25,236,317	100.00
Public Institutions:	14,450,645	10,129,369	70.10
Public Non-Institutions:	1,697,150	1,696,975	99.99
Overall Result:	41,384,112	37,062,661	89.56

Regulatory Compliance and Process

The postal ballot was conducted in compliance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company followed the electronic-only voting process as per MCA General Circular No. 03/2025 dated September 22, 2025.

The scrutinizer's report confirmed that certain votes from interested promoter group shareholders were treated as invalid - 203,950 shares for Resolution 1 and 12,918,113 shares for Resolution 2 - ensuring proper governance protocols were followed.

NCLT Merger Proceedings Update

Separately, the company continues to await the NCLT New Delhi Bench's decision on its proposed merger scheme with IAC International Automotive India Private Limited. The tribunal had reserved its order on December 10, 2025, following detailed hearings on the amalgamation proposal under petition number CA-(CAA)-95/230-232/ND/2025.

The filing was completed by Pankaj Mahendru, Company Secretary and Compliance Officer (ICSI Membership No. A28161), with detailed voting results and scrutinizer reports made available on the company's website at www.lumaxworld.in/lumaxautotech .

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.17%	+2.51%	+3.84%	+42.26%	+137.68%	+1,096.30%

Lumax Auto Technologies has successfully completed its postal ballot process, with shareholders delivering overwhelming approval for the re-appointment of two key executives. The voting concluded on December 26, 2025, marking a significant milestone in the company's leadership continuity strategy.

Postal Ballot Results

The e-voting process, which ran from November 27 to December 26, 2025, saw substantial shareholder participation across all categories. The results demonstrate strong confidence in the company's leadership:

Voting Details:	Information
Total Shareholders on Record Date:	49,687
E-voting Period:	Nov 27 - Dec 26, 2025
Record Date:	November 21, 2025
Results Declaration:	December 26, 2025

Leadership Re-appointments Approved

Both resolutions received overwhelming shareholder support:

Resolution 1: Mr. D.K. Jain as Executive Chairman

Approval Rate: 92.05% of votes polled
Total Votes Polled: 54,098,275 shares (79.37% of outstanding shares)
Votes in Favour: 49,799,255 shares
Term: 3 years effective from May 28, 2026

Resolution 2: Mr. Anmol Jain as Managing Director

Approval Rate: 89.56% of votes polled
Total Votes Polled: 41,384,112 shares (60.72% of outstanding shares)
Votes in Favour: 37,062,661 shares
Term: 5 years effective from May 28, 2026

Voting Participation Analysis

The postal ballot saw significant participation across shareholder categories:

Shareholder Category:	Shares Held	Participation Rate
Promoter and Promoter Group:	38,154,430	99.47% (Resolution 1)
Public Institutions:	16,731,237	86.37%
Public Non-Institutions:	13,272,038	12.79%
Total Outstanding Shares:	68,157,705	79.37% (Resolution 1)

Strong Financial Foundation

The successful postal ballot comes against the backdrop of robust financial performance that has strengthened shareholder confidence:

Financial Metric:	Value (₹ Crore)	YoY Change
Revenue:	1,171.90	+36.65%
EBITDA:	170.10	+44.64%
Net Profit:	77.60	+49.81%
EPS (in ₹):	9.81	+55.96%

Scrutinizer's Validation

The voting process was overseen by Mr. Maneesh Gupta, Practising Company Secretary, who served as the appointed scrutinizer. The process was conducted entirely through electronic means via NSDL's e-voting platform, ensuring transparency and compliance with regulatory requirements.

Both resolutions required special resolution status due to promoter group interest, and the overwhelming approval rates demonstrate strong shareholder confidence in the leadership team's ability to capitalize on the company's current growth momentum.

The completion of this postal ballot provides Lumax Auto Technologies with confirmed leadership continuity, positioning the company to build upon its strong financial performance and strategic initiatives in the auto components sector.