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Lux Industries Limited was incorporated in 1995 having a market share of 15% of the organised industry. It is the largest mid-segment hosiery enterprise in India.Company is engaged in the manufacturing and marketing of innerwear, thermals, and casuals under various brands, with ‘LUX’ being its flagship brand.
Lux Industries to hold its 31st Annual General Meeting (AGM) via video conferencing. The Annual Report for the Financial Year 2025-26 is now accessible on the company website for shareholders.
Lux Industries' Board proposed a final dividend of Rs. 2.00/share for FY26, pending AGM approval. This dividend is taxable, and Tax Deducted at Source (TDS) will apply. Shareholders must update details by September 18 for correct tax deduction.
Lux Industries has scheduled its 31st AGM for September 25, 2026. Key for investors: September 18, 2026, is the Record Date for the final dividend for FY ended March 31, 2026. Dividend payout is subject to shareholder approval.
Lux Industries' Vertical B inked an exclusive Brand Licensing Agreement with RILUK IPCO. Lux gains rights to use the Reebok trademark for men's and women's innerwear/thermal wear in India, aiming to expand its product portfolio and market share.
Lux Ind board greenlit a Rs 450 Cr CapEx for its Dankuni facility, adding 18-20 Cr pieces capacity over 6 years. This expansion targets Rs 900-1000 Cr incremental annual revenue, meeting surging demand and positioning it as a top Asian garment unit.