Lumax Auto Technologies Schedules Analyst Plant Visit at Chakan Facility for February 27, 2026

1 min read     Updated on 21 Feb 2026, 04:58 PM
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Riya DScanX News Team
Overview

Lumax Auto Technologies Limited has scheduled an analyst and investor plant visit for February 27, 2026, at the Chakan (Pune) facility of its wholly owned subsidiary IAC International Automotive India Private Limited. PhillipCapital will host the visit, with discussions limited to publicly available information only. The company has emphasized regulatory compliance under SEBI regulations and confirmed no price sensitive information will be shared.

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Lumax Auto Technologies Limited has announced a plant visit for analysts and institutional investors at its subsidiary's manufacturing facility in Chakan, Pune. The visit is scheduled for February 27, 2026, and will be hosted by PhillipCapital.

Visit Details and Venue

The plant visit will take place at the Chakan (Pune) facility of IAC International Automotive India Private Limited, which is a wholly owned material subsidiary of Lumax Auto Technologies Limited. PhillipCapital will coordinate the visit for the group of analysts and investors.

Parameter: Details
Date: February 27, 2026
Venue: Chakan (Pune) Plant
Host: PhillipCapital
Subsidiary: IAC International Automotive India Private Limited
Ownership: Wholly Owned Material Subsidiary

Regulatory Compliance and Information Sharing

The company has filed this intimation under Regulation 30 read with Part – A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement emphasizes that discussions during the visit will be strictly based on publicly available information.

Important Disclaimers

Lumax Auto Technologies has provided specific clarifications regarding the plant visit:

  • The schedule is subject to changes due to exigencies on the part of analysts, investors, or the company
  • No unpublished price sensitive information pertaining to the company will be shared during the meet with analysts and investors
  • All discussions will remain within the bounds of publicly available information

Corporate Communication

The intimation was signed by Pankaj Mahendru, Company Secretary & Compliance Officer, on February 21, 2026. The company has confirmed that this information will also be made available on its official website at www.lumaxworld.in/lumaxautotech for broader accessibility and transparency.

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Lumax Auto Technologies GST Demand Reduced to Rs. 1.04 Crores Following Successful Appeal

1 min read     Updated on 19 Feb 2026, 11:10 PM
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Reviewed by
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Overview

Lumax Auto Technologies Limited has received a favorable Order-in-Appeal dated February 18, 2026, resulting in a substantial 70% reduction of its GST demand from Rs. 3,52,19,923 to Rs. 1,03,78,580, including interest and penalty. The ruling from the Joint Commissioner of State Tax, Appeals, Pune Division-2, Maharashtra, relates to a GST matter for the period April 2019 to March 2020. The company plans to file a further appeal before the Hon'ble Tribunal to contest the remaining demand, based on tax advisors' recommendations.

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Lumax Auto Technologies Limited has achieved a significant victory in its GST appeal case, with the demand being substantially reduced following a favorable ruling from the Maharashtra tax authorities.

Appeal Outcome Details

The company received an Order-in-Appeal dated February 18, 2026, from the Office of the Joint Commissioner of State Tax, Appeals, Pune Division-2, Maharashtra. The first appeal filed by the company has been partly allowed, resulting in a substantial reduction in the GST demand.

Parameter: Original Demand Revised Demand Reduction
Amount (including interest and penalty): Rs. 3,52,19,923 Rs. 1,03,78,580 Rs. 2,48,41,343
Reduction Percentage: - - Approximately 70%

Background of the GST Matter

The GST issue originated from an Adjudication Order dated July 19, 2024, issued under Section 73(9) of the Maharashtra Goods & Services Tax Act, 2017 and Section 20 of the IGST Act. The matter pertains to the period from April 2019 to March 2020.

Nature of Alleged Violations

The demand was raised on account of:

  • Tax not paid or short paid
  • Erroneously refunded amounts
  • Input tax credit wrongly availed or utilized

The original communication regarding this matter was made by the company on July 26, 2024, following the initial adjudication order.

Regulatory Compliance

Lumax Auto Technologies has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under Para A of Part A of Schedule III.

Authority Details: Information
Authority Name: Office of The Joint Commissioner of State Tax, APPEAL-04, Government of Maharashtra, Pune
Order Date: February 18, 2026
Legal Provision: Section 107(11) of Maharashtra GST Act, 2017/CGST Act 2017

Next Steps

Based on advice from tax advisors, Lumax Auto Technologies plans to file an appeal against the remaining demand of Rs. 1,03,78,580 before the Hon'ble Tribunal within the prescribed timelines. This indicates the company's intention to further contest the reduced demand amount.

The information has been made available on the company's website at www.lumaxworld.in/lumaxautotech , ensuring transparency and accessibility for stakeholders. The significant reduction in the GST demand represents a positive development for the company, though the final resolution remains pending the outcome of the planned tribunal appeal.

Historical Stock Returns for Lumax Auto Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+3.32%-3.59%+16.28%+51.65%+219.53%+1,109.28%
Lumax Auto Technologies
View Company Insights
View All News
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