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Lumax Industries informs about outcome of board meeting

27 Jan 2017 Evaluate

Lumax Industries has informed that the Board of Directors in their meeting held on January 25, 2017, has approved a Capital Expenditure Plan up to Rs 100 Crores (rounded off) to be done over a period of 12 months for expanding existing manufacturing facilities in Sanand and future expansion for supply of Automotive lighting products to its customers.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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