Lux Industries has issued the Commercial Paper of Rs 50 crore with issue date September 19, 2019 and due for maturity on December 18, 2019. This is in line with the management efforts to bring down the finance cost.
Lux Industries manufactures and sells knitwear in India. The company offers a range of innerwear for men, women, and children. It also exports its products to the Middle East countries.