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Lumax Auto Technologies Ltd. Company History and Annual Growth Details

We were incorporated on October 30, 1981 as Lumax Auto-Electricals
Private Limited under the Companies Act, 1956 with Registration
No. 25519/TA. The name of the Company was changed to Dhanesh
Auto Electricals Private Limited on November 02, 1988. Subsequently,
it was converted into public limited company as "Dhanesh Auto Electricals
Limited" the Registrar of Companies, Pune, Maharashtra had issued a fresh
certificate of incorporation on May 30, 2002.

On August 02, 2006 the name of the company was changed to Lumax Auto
Technologies Limited.

With a view to achieve better management practices and improve investor
perception, the management has consolidated the business of LATL and
LDK through a share swap so that LDK becomes a 100% subsidiary of
LATL on January 31, 2006.

Major Events in History of the Company

Year Major Events

1981 A Private Limited Company was established in the name of Lumax Auto
Electricals Private Limited to manufacture and supply automotive
components at Bhosari.

1988 Second Unit was started at Waluj, Aurangabad for supplying auto parts
to Bajaj Auto Ltd. - Aurangabad.Name changed from Lumax Auto Electricals
Private Limited to Dhanesh Auto Electricals Private Limited.

1993 R & D centre established at Chinchwad, Pune to cater to the development
requirement for the new business.

1995 Third Unit started at Chakan, Pune for further major diversification for
manufacturing of exhaust systems and fuel tanks for two wheelers

1997 Fourth Unit started at Waluj, Aurangabad for the production of motorcycle
chassis for Bajaj Auto Limited.

1998 Our Company became deemed Public Limited and name changed to
Dhanesh Auto Electricals Limited.

2000 Bajaj Auto Limited selected the company as a cluster member for
T.P.M. Activities.

2002 Started lighting Division at Chakan

2004 Received ISO Certificate for Chakan Unit.

2005 Received ISO Certificate for Bhosari Unit.

2006 LDK became our 100% subsidiary.Name of the Company was changed to LATL

2007

- Lumax Auto Technologies Ltd has informed that Mr. Dhirajdhar Gupta has appointed as an Additional Director in the meeting of the Board of Directors of the Company held on June 25, 2007.

2008

-Ms Milita Bhar has been appointed as Company Secretary and Compliance Officer of the Company

-Lumax Auto Technologies have recommended a Dividend of 15%

2009

-Lumax Auto Technologies have recommended a Dividend of 15%

2010

-Lumax Auto Technologies has recommended a Dividend of 30%

2011

-The Company has appointed Ms. Swapnal B. Pawar, as Company Secretary and Compliance Officer

-Registered Office of the Company has been shifted From W - 230 -E,S- Block, MIDC, Bhosari, Pune-411026 ToPlot No. 70, Sector No.10, PCNTDA, Bhosari Industrial Area, Pune - 411026
20126.

-Lumax Auto Technologies have recommended a Dividend of 60%

2013

- Recommended a Dividend of 60% (Rs. 6.00 per Equity Share of Rs.10/- each)

2014

- The company has signed a Joint venture agreement (JV) with Mannoh Industrial Co. Ltd., Japan by forming a new Joint Venture Company Lumax Mannoh Allied Technologies Ltd.

2015
-Lumax Forms JV with an Italian Company, enters the Aerospace & Defence sector

2017
-Lumax Auto signs JV agreement with Ituran Location and Control Ltd.
-Lumax Auto Technologies LimitedÂs Chakan plant received TPM excellence award from JIPM.

2018
-The Company has splits its face value from Rs. 10/- to Rs. 2/-.
-"Lumax Auto awarded by Maruti Suzuki India for Overall Vendor Performance".

2020
-"Lumax Auto Technologies Ltd, India and YOKOWO CO., LTD, Japan Announce JV For On-board Antenna products".

2022
-Signed TA with IO Industry Co. Ltd, Japan for Kinematic Components.

2023
-Lumax Auto Technologies Limited Board approved he proposed acquisition of entire equity stake of Lumax Ancillary Limited.
-Lumax Auto Technologies Aftermarket Division enters lubricant and coolants market.
-umax Auto Technologies signs pact to acquire majority stake in IAC International Automotive India.

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