Lumax Auto Technologies Limited informed that "Lumax Resources Private Limited" has been incorporated in New Delhi on March 12, 2024 as a Wholly Owned Subsidiary of the Company. Consequent to the incorporation, Lumax
Resources Private Limited has now become a Wholly owned subsidiary of the Company and as such a related party of the Company. The operations of Lumax Resources Private Limited, will be in line with the Company's vision, will enable the Company to further address growth opportunities in automotive sector.