Lumax Industries Ltd.
-The Company provides automotive lighting systems for both four-wheel and two-wheel vehicle applications. The Company primarily serves the Indian automotive market.
-According to the Company's profile, as of March 2016, the Company has a 60% market share in the Indian automotive lighting market.
-The DK Jain Group owns 36% of the Company while Stanley Electric owns 37.5% of the Company. The remaining 26.4% is owned by public and corporate bodies. The Company is listed on the National Stock Exchange of India Limited.
-High mount stop lights
|1945||Founded as a trading company.|
|1956-1966||Set up manufacturing units for automotive lighting equipment.|
|1975||Set up manufacturing unit for automotive filters.|
|1984||Became a public company. Started technical collaboration with Stanley Electric Co. Ltd.|
|1985-87||The Company went public and listed its shares in the stock market. Start of operations by the manufacturing unit at Gurgaon, Haryana for Maruti Suzuki.|
|1990||Auto bulb manufacturing unit set up in association with Stanley|
|1994||Stanley Electric Co. Ltd. acquired financial stake in the Company|
|Manufacturing unit established at Aurangabad, Maharashtra.|
|2004||Separated from mirror and filter division to focus on automotive lighting products.|
|2008||Plant setup in Pantnagar, Uttarakhand for Tata Motors and expansion of Dharuhera and Chakan Plants.|
|2010||New plant set up at Haridwar, Uttarakhand dedicated solely for Hero Moto Corp.|
|2011||Plants set up at Bawal, Sanand and Bidadi|
|2015||The Company’s plant at Pantnagar awarded with JIPM-TPM Excellence Award in Category A|
Supplemental Information 1
>>>FY ending Mar. 31, 2015 Business Report
Note: A figure in brackets ( ) indicates a loss