Lux Industries logo

Lux Industries MD, chairman, board of directors and AGM

NSE: LUXINDBSE: 539542Textiles & ApparelsSmall Cap

Last close ₹1,014.60down ₹55.30 (5.17%)BSE ₹1,010.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,069.90.

52-week range of traded prices to 23 Oct 2026
₹824.05Low, 30 Mar 2026₹1,823.35High, 24 Apr 2026
Market cap
₹3,051 Cr924th largest listed
P/E
29.8
P/B
1.7
Dividend yield
0.20%
ROE
5.7%
ROCE
6.5%
Debt to equity
0.32
Volume, NSE
29,19048.1% delivered

Lux Industries board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonASHOK KUMAR TODI
  • Managing directorPRADIP KUMAR TODI
  • Company Secretary and Compliance OfficerSMITA MISHRA

12 directors6 independent6 executive

  • ASHOK KUMAR TODI · ChairpersonExecutive · joined Jul 1995 · reappointed Sep 2022 · 1 listed board · 1 committee seat
  • PRADIP KUMAR TODI · Managing directorExecutive · joined Jul 1995 · reappointed Sep 2024 · 1 listed board
  • NAVIN KUMAR TODIExecutive · joined May 2021 · reappointed May 2026 · 1 listed board
  • RAHUL KUMAR TODIExecutive · joined May 2021 · reappointed May 2026 · 1 listed board
  • SAKET TODIExecutive · joined May 2021 · reappointed May 2026 · 1 listed board
  • UDIT TODIExecutive · joined May 2021 · reappointed May 2026 · 1 listed board
  • SADHU RAM BANSALIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 2 as chair
  • SHASHI SHARMAIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 2 listed boards · 2 as independent · 3 committee seats
  • KUMUD CHANDRA PARICHA PATNAIKIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 3 as chair
  • RUSHA MITRAIndependent · joined Mar 2019 · reappointed Mar 2024 · 87 months as independent · 6 listed boards · 6 as independent · 8 committee seats, 2 as chair
  • RAJNISH RIKHYIndependent · joined May 2021 · reappointed May 2026 · 61 months as independent · 2 listed boards · 2 as independent · 3 committee seats
  • RATNABALI KAKKARIndependent · joined May 2021 · reappointed May 2026 · 61 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 21 May 202612 of 12 present6 independent · 27 days in between
    • 23 Apr 202612 of 12 present6 independent · 67 days in between
    • 14 Feb 202612 of 12 present6 independent

  • Audit Committee

    Chair KUMUD CHANDRA PARICHA PATNAIK

    RUSHA MITRA, SADHU RAM BANSAL

    • 21 May 20263 of 3 present3 independent · 27 days in between
    • 23 Apr 20263 of 3 present3 independent · 67 days in between
    • 14 Feb 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair KUMUD CHANDRA PARICHA PATNAIK

    SADHU RAM BANSAL, RUSHA MITRA, RATNABALI KAKKAR

    • 14 Feb 20264 of 4 present4 independent

  • Stakeholders Relationship Committee

    Chair SHASHI SHARMA

    RATNABALI KAKKAR, KUMUD CHANDRA PARICHA PATNAIK, ASHOK KUMAR TODI

    • 14 Feb 20264 of 4 present3 independent

  • Risk Management Committee

    Chair ASHOK KUMAR TODI

    PRADIP KUMAR TODI, RAJNISH RIKHY, RUSHA MITRA

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair ASHOK KUMAR TODI

    PRADIP KUMAR TODI, SHASHI SHARMA

    • 21 May 20263 of 3 present1 independent · 95 days in between
    • 14 Feb 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • S K AGRAWAL AND CO CHARTERED ACCOUNTANTS LLPPeer-review certificate valid to Jul 2028
1 earlier auditor
  • S K AGRAWAL AND CO CHARTERED ACCOUNTS LLPNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Lux Industries AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Lux Industries dividend history

Annual general meeting, 25 Sep 2026

65,608 shareholders on the register on 18 Sep 2026; present: 13 promoters and 59 others; votes counted by MOHAN RAM GOENKA / MR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.32%

    Turnout: all 79.48% · promoters 100.00% · institutions 96.52% · other public 0.07%

  2. To declare a final dividend of Rs. 2.00 per equity share (i.e., 100% of the face value of Rs. 2.00 each), for the financial year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.32%

    Turnout: all 79.49% · promoters 100.00% · institutions 96.59% · other public 0.07%

  3. To appoint Mr. Rahul Kumar Todi (DIN: 00054279), who retires by rotation in accordance with Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.47%

    Turnout: all 77.96% · promoters 97.94% · institutions 96.59% · other public 0.07%

  4. To appoint Mr. Saket Todi (DIN: 02821380), who retires by rotation in accordance with Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.47%

    Turnout: all 76.85% · promoters 96.44% · institutions 96.59% · other public 0.07%

  5. Re-appointment of Mr. Sadhu Ram Bansal (DIN: 06471984) as an Independent Director of the Company for the second term of 5 (five) consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.34%

    Turnout: all 79.49% · promoters 100.00% · institutions 96.59% · other public 0.07%

  6. Re-appointment of Mrs. Shashi Sharma (DIN: 02904948) as an Independent Director of the Company for the second term of 5 (five) consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.34%

    Turnout: all 79.49% · promoters 100.00% · institutions 96.59% · other public 0.07%

  7. Re-appointment of Mr. Kumud Chandra Paricha Patnaik (DIN: 09696281) as an Independent Director of the Company for the second term of 5 (five) consecutive years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.49%

    Turnout: all 79.49% · promoters 100.00% · institutions 96.59% · other public 0.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Sep 2025, 11 resolutions

78,460 shareholders on the register on 15 Sep 2025; present: 13 promoters and 67 others; votes counted by MOHAN RAM GOENKA / MR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. ORDINARY - To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.11%

    Turnout: all 79.71% · promoters 100.00% · institutions 93.63% · other public 0.11%

  2. To declare a final dividend of Rs. 2.00 per Equity Shares (i.e., 100% of the face value of Rs. 2 each), for the financial year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.08%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.11%

  3. To appoint Mr. Pradip Kumar Todi (DIN: 00246268), who retires by rotation in accordance with Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.04% · other public 14.38%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  4. To appoint Mr. Navin Kumar Todi (DIN: 00054370), who retires by rotation in accordance with Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.MoreLess
    Ordinary
    93.09% for6.91% against

    Against: promoters 0.00% · institutions 100.00% · other public 15.58%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  5. Re-appointment of Mr. Navin Kumar Todi (DIN: 00054370) as an Executive Director of the Company.
    Special
    93.10% for6.90% against

    Against: promoters 0.00% · institutions 99.97% · other public 15.77%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  6. Re-appointment of Mr. Rahul Kumar Todi (DIN: 00054279) as an Executive Director of the Company.
    Special
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.48%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  7. Re-appointment of Mr. Saket Todi (DIN: 02821380) as an Executive Director of the Company.
    Special
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.48%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  8. Re-appointment of Mr. Udit Todi (DIN: 02017579) as an Executive Director of the Company.
    Special
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.48%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  9. Re-appointment of Mrs. Ratnabali Kakkar (DIN: 09167547) as an Independent Director of the Company for the second term of five consecutive years.
    Special
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.70%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  10. Re-appointment of Mr. Rajnish Rikhy (DIN: 08883324) as an Independent Director of the Company for the second term of five consecutive years.
    Special
    100.00% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 15.70%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.13%

  11. Appointment of M/s. MR & Associates, Practicing Company Secretaries (Firm Registration No.: P2003WB008000) as the Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.28%

    Turnout: all 79.72% · promoters 100.00% · institutions 93.70% · other public 0.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2024, 6 resolutions

Present: 12 promoters and 64 others.The company's voting result (opens in a new tab)

  1. (A)The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, and the Reports of Board of Directors and the Auditors thereon, and;n(b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.87%

    Turnout: all 79.70% · promoters 100.00% · institutions 92.12% · other public 0.11%

  2. To declare dividend of Rs. 2.00 per Equity Shares (100%) of face value of Rs.2 each, for the financial year ended March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.70%

    Turnout: all 79.71% · promoters 100.00% · institutions 92.18% · other public 0.11%

  3. To re-appoint Mr. Ashok Kumar Todi (DIN: 00053599), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.01% · other public 2.47%

    Turnout: all 67.54% · promoters 83.60% · institutions 92.18% · other public 0.11%

  4. To re-appoint Mr. Udit Todi (DIN: 02017579), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 1.36% · other public 2.55%

    Turnout: all 76.92% · promoters 96.24% · institutions 92.18% · other public 0.11%

  5. Re-appointment of Mr. PRADIP KUMAR TODI (DIN: 00246268) as a Managing Director.
    Special
    91.68% for8.32% against

    Against: promoters 0.00% · institutions 98.41% · other public 1.28%

    Turnout: all 64.98% · promoters 80.15% · institutions 92.18% · other public 0.11%

  6. Alteration of Articles of Associate by addition of a new clause on Waiver of Dividend
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.99% · other public 7.32%

    Turnout: all 79.71% · promoters 100.00% · institutions 92.18% · other public 0.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Jun 2024, 3 resolutions

The company's voting result (opens in a new tab)

  1. To consider and approve the appointment of Mrs. Shashi Sharma (DIN: 02904948) as an Independent Director of the Company for a term of three consecutive years effective from April 01, 2024 till March 31, 2027 (both days inclusive).MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.05%

    Turnout: all 75.04% · promoters 100.00% · institutions 12.45% · other public 0.69%

  2. To consider and approve the appointment of Mr. Sadhu Ram Bansal (DIN: 06471984) as an Independent Director of the Company for a term of three consecutive years effective from April 01, 2024 till March 31, 2027 (both days inclusive).MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.13%

    Turnout: all 75.04% · promoters 100.00% · institutions 12.45% · other public 0.69%

  3. To consider and approve the appointment of Mr. Kumud Chandra Paricha Patnaik (DIN: 09696281) as an Independent Director of the Company for a term of three consecutive years effective from April 01, 2024 till March 31, 2027 (both days inclusive).MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.13%

    Turnout: all 75.04% · promoters 100.00% · institutions 12.45% · other public 0.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2023, 5 resolutions

Present: 10 promoters and 53 others.The company's voting result (opens in a new tab)

  1. To consider and adopt:(a)The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, and the Reports of Board of Directors and the Auditors thereon, and;(b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 83.86% · promoters 99.78% · institutions 95.12% · other public 23.95%

  2. ORDINARY - To declare dividend of Rs. 5.00 per Equity Shares (250%) of face value of Rs. 2 each, for the financial year ended 31st March, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 83.86% · promoters 99.78% · institutions 95.12% · other public 23.95%

  3. To appoint Mr. Rahul Kumar Todi (DIN: 00054279), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    Ordinary
    98.67% for1.33% against

    Against: promoters 0.00% · institutions 20.61% · other public 1.75%

    Turnout: all 82.33% · promoters 97.71% · institutions 95.12% · other public 23.95%

  4. To appoint Mr. Saket Todi (DIN: 02821380), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    Ordinary
    98.66% for1.34% against

    Against: promoters 0.00% · institutions 20.61% · other public 1.75%

    Turnout: all 81.21% · promoters 96.21% · institutions 95.12% · other public 23.95%

  5. Re-appointment of Mrs. RUSHA MITRA (DIN 08402204) as an Independent Director for a second term of five years, in terms of Section 149 of the Companies Act, 2013.
    Special
    94.19% for5.81% against

    Against: promoters 0.00% · institutions 92.45% · other public 41.27%

    Turnout: all 79.11% · promoters 99.78% · institutions 95.12% · other public 1.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 20 Sep 2022, 9 resolutions

Present: 12 promoters and 60 others.The company's voting result (opens in a new tab)

  1. To consider and adopt (a)The Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2022 and the Reports of Board of Directors and the Auditors thereon, and (b) The Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2022 and the Reports of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 87.49% · promoters 100.00% · institutions 95.27% · other public 29.72%

  2. To appoint Mr. Pradip Kumar Todi (DIN 00246268), who retires by rotation and being eligible, offers himself for re-appointment as a director.
    Ordinary
    97.01% for2.99% against

    Against: promoters 0.00% · institutions 26.63% · other public 0.07%

    Turnout: all 72.80% · promoters 80.21% · institutions 95.27% · other public 29.72%

  3. To appoint Mr. Navin Kumar Todi (DIN 00054370), who retires by rotation and being eligible, offers himself for re-appointment as a director.
    Ordinary
    95.37% for4.63% against

    Against: promoters 0.00% · institutions 45.32% · other public 1.00%

    Turnout: all 80.13% · promoters 96.48% · institutions 95.27% · other public 2.19%

  4. To re-appoint M/s S K Agrawal and Co Chartered Accountants LLP as Statutory Auditors of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 87.49% · promoters 100.00% · institutions 95.27% · other public 29.72%

  5. Re-appointment of Mr. Ashok Kumar Todi as Whole Time Director Chairman of the Company.
    Special
    98.84% for1.16% against

    Against: promoters 0.00% · institutions 10.65% · other public 0.08%

    Turnout: all 75.32% · promoters 83.60% · institutions 95.27% · other public 29.72%

  6. To approve request received from Mrs. Neha Poddar, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group
    OrdinaryPromoters have an interest in it
    17.06% for82.94% against

    Against: promoters 0.00% · institutions 86.72% · other public 1.05%

    Turnout: all 8.55% · promoters 0.00% · institutions 95.27% · other public 2.19%

  7. To approve request received from Mrs. Shilpa Agarwal Samriya, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group category to “Public category.
    OrdinaryPromoters have an interest in it
    17.06% for82.94% against

    Against: promoters 0.00% · institutions 86.72% · other public 1.04%

    Turnout: all 8.55% · promoters 0.00% · institutions 95.27% · other public 2.19%

  8. To approve request received from Mr. Rohit Poddar, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group category to “Public category.
    OrdinaryPromoters have an interest in it
    42.52% for57.48% against

    Against: promoters 0.00% · institutions 60.09% · other public 1.04%

    Turnout: all 8.55% · promoters 0.00% · institutions 95.27% · other public 2.19%

  9. To approve request received from Mr. Upendra Samriya, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group
    OrdinaryPromoters have an interest in it
    42.52% for57.48% against

    Against: promoters 0.00% · institutions 60.09% · other public 1.05%

    Turnout: all 8.55% · promoters 0.00% · institutions 95.27% · other public 2.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 28 Sep 2021, 8 resolutions

Present: 14 promoters and 40 others.The company's voting result (opens in a new tab)

  1. To consider and adoptn(a)The Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2021 and the Reports of Board of Directors and the Auditors thereon, andn(b) The Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2021 and the Reports of the Auditors thereon.MoreLess
    OrdinaryPromoters have an interest in it
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 0.93% · other public 0.01%

    Turnout: all 84.72% · promoters 100.00% · institutions 86.00% · other public 1.81%

  2. To appoint Mr. Ashok Kumar Todi (DIN 00053599), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
    OrdinaryPromoters have an interest in it
    99.51% for0.49% against

    Against: promoters 0.00% · institutions 3.50% · other public 0.24%

    Turnout: all 72.52% · promoters 83.60% · institutions 86.09% · other public 1.81%

  3. Appointment of Mr. Navin Kumar Todi (DIN 00054370) as Executive Director of the Company.
    SpecialPromoters have an interest in it
    98.40% for1.60% against

    Against: promoters 0.00% · institutions 20.30% · other public 0.30%

    Turnout: all 79.36% · promoters 97.94% · institutions 53.35% · other public 1.81%

  4. Appointment of Mr. Rahul Kumar Todi (DIN 00054279) as Executive Director of the Company.
    SpecialPromoters have an interest in it
    98.40% for1.60% against

    Against: promoters 0.00% · institutions 20.30% · other public 0.30%

    Turnout: all 79.36% · promoters 97.94% · institutions 53.35% · other public 1.81%

  5. Appointment of Mr. Saket Todi (DIN 02821380) as Executive Director of the Company.
    SpecialPromoters have an interest in it
    98.37% for1.63% against

    Against: promoters 0.00% · institutions 20.30% · other public 3.62%

    Turnout: all 78.25% · promoters 96.45% · institutions 53.35% · other public 1.81%

  6. Appointment of Mr. Udit Todi (DIN 02017579) as Executive Director of the Company.
    SpecialPromoters have an interest in it
    98.36% for1.64% against

    Against: promoters 0.00% · institutions 20.30% · other public 3.55%

    Turnout: all 78.10% · promoters 96.25% · institutions 53.35% · other public 1.81%

  7. Appointment of Mr. Rajnish Rikhy (DIN 08883324) as an Independent Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 80.79% · promoters 100.00% · institutions 53.35% · other public 1.07%

  8. Appointment of Mrs. Ratnabali Kakkar (DIN 9167547) as an Independent Director of the Company.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.66% · other public 0.24%

    Turnout: all 80.89% · promoters 100.00% · institutions 53.35% · other public 1.81%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Meeting called by the tribunal, 27 Nov 2020, 1 resolution

Present: 9 promoters and 35 others.The company's voting result (opens in a new tab)

  1. Approval of Proposed Scheme of Amalgamation of J.M Hosiery & Co. Limited ( Transferor Company 1 )and Ebell Fashions Private Limited ( Tranferor Company 2) with Lux Industries Limited ( Transfree Company) and their respective shareholders.MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 79.77% · promoters 100.00% · institutions 91.71% · other public 8.24%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 22 Sep 2025, 5 fund houses

  • ORDINARY - To receive, consider and adopt: (a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, together with the Report of the Auditors thereon.MoreLess
    5 for0 against
  • To declare a final dividend of Rs. 2.00 per Equity Shares (i.e., 100% of the face value of Rs. 2 each), for the financial year ended March 31, 2025.
    5 for0 against
  • To appoint Mr. Pradip Kumar Todi (DIN: 00246268), who retires by rotation in accordance with Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.MoreLess
    5 for0 against
  • To appoint Mr. Navin Kumar Todi (DIN: 00054370), who retires by rotation in accordance with Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.MoreLess
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundPoor attendance in Board meetings
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concerns on the merits of the proposed appointee. Governance Concern: Poor attendance in Board meetings.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    0 for5 against
  • Re-appointment of Mr. Navin Kumar Todi (DIN: 00054370) as an Executive Director of the Company.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundPoor attendance in Board meetings
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concerns on the merits of the proposed appointee. Governance Concern: Poor attendance in Board meetings.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    0 for5 against
  • Re-appointment of Mr. Rahul Kumar Todi (DIN: 00054279) as an Executive Director of the Company.
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    4 for1 against
  • Re-appointment of Mr. Saket Todi (DIN: 02821380) as an Executive Director of the Company.
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    4 for1 against
  • Re-appointment of Mr. Udit Todi (DIN: 02017579) as an Executive Director of the Company.
    Against Mirae Asset Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    4 for1 against
  • Re-appointment of Mrs. Ratnabali Kakkar (DIN: 09167547) as an Independent Director of the Company for the second term of five consecutive years.
    5 for0 against
  • Re-appointment of Mr. Rajnish Rikhy (DIN: 08883324) as an Independent Director of the Company for the second term of five consecutive years.
    5 for0 against
  • Appointment of M/s. MR & Associates, Practicing Company Secretaries (Firm Registration No.: P2003WB008000) as the Secretarial Auditors of the Company.
    5 for0 against

Mutual fund votes, meeting of 26 Sep 2024, 4 fund houses

  • (A)The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2024, and the Reports of Board of Directors and the Auditors thereon, and;n(b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2024, and the Report of the Auditors thereon.MoreLess
    4 for0 against
  • To declare dividend of Rs. 2.00 per Equity Shares (100%) of face value of Rs.2 each, for the financial year ended March 31, 2024.
    4 for0 against
  • To re-appoint Mr. Ashok Kumar Todi (DIN: 00053599), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    Against Bandhan Mutual Fund, Groww Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual FundNo concern on the merits of proposed appointee. Governance Concern: Holding position as Executive Chairman.
    2 for2 against
  • To re-appoint Mr. Udit Todi (DIN: 02017579), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual Fund"No concern on the merits of proposed appointee. Governance Concern: Holding position as Executive Chairman. "
    3 for1 against
  • Re-appointment of Mr. PRADIP KUMAR TODI (DIN: 00246268) as a Managing Director.
    Against Bandhan Mutual Fund, Groww Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual FundNo concern on the merits of proposed appointee. Governance Concern: No absolute cap on total remuneration / variable pay.
    2 for2 against
  • Alteration of Articles of Associate by addition of a new clause on Waiver of Dividend
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern on the merits of proposed appointee. Governance Concern: No absolute cap on total remuneration / variable pay.
    3 for1 against
5 earlier meetings

Mutual fund votes, meeting of 22 Jun 2024, 4 fund houses

  • To consider and approve the appointment of Mrs. Shashi Sharma (DIN: 02904948) as an Independent Director of the Company for a term of three consecutive years effective from April 01, 2024 till March 31, 2027 (both days inclusive).MoreLess
    4 for0 against
  • To consider and approve the appointment of Mr. Sadhu Ram Bansal (DIN: 06471984) as an Independent Director of the Company for a term of three consecutive years effective from April 01, 2024 till March 31, 2027 (both days inclusive).MoreLess
    4 for0 against
  • To consider and approve the appointment of Mr. Kumud Chandra Paricha Patnaik (DIN: 09696281) as an Independent Director of the Company for a term of three consecutive years effective from April 01, 2024 till March 31, 2027 (both days inclusive).MoreLess
    4 for0 against

Mutual fund votes, meeting of 29 Sep 2023, 6 fund houses

  • To consider and adopt:(a)The Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023, and the Reports of Board of Directors and the Auditors thereon, and;(b) The Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2023, and the Report of the Auditors thereon.MoreLess
    6 for0 against
  • ORDINARY - To declare dividend of Rs. 5.00 per Equity Shares (250%) of face value of Rs. 2 each, for the financial year ended 31st March, 2023
    6 for0 against
  • To appoint Mr. Rahul Kumar Todi (DIN: 00054279), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    6 for0 against
  • To appoint Mr. Saket Todi (DIN: 02821380), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment as a director.
    6 for0 against
  • Re-appointment of Mrs. RUSHA MITRA (DIN 08402204) as an Independent Director for a second term of five years, in terms of Section 149 of the Companies Act, 2013.
    Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund
    • Kotak Mahindra Mutual FundMrs. Rusha Mitra, 38, has 2 decades of experience in corporate law, insolvency and bankruptcy related matters. We believe that as Partner of Khaitan & Co., her responsibilities are equivalent to a whole-time directorship. Therefore, her high number of directorships on listed companies is not in keeping with the spirit of the regulation. Hence voting AGAINST
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Excessive time commitment. Holding 7 listed directorships & 1 full-time position.
    • Nippon India Mutual FundExcessive time Commitments
    • SBI Mutual FundMs. Rusha Mitra, 38, is Partner in Corporate & Commercial practice group in Khaitan & Co., Kolkata. She has been on the board of this company since 29 March 2019. She attended all four board meetings held in FY23. She serves on the board of seven listed companies (including Lux Industries). Given their full-time responsibilities, regulations allow whole-time directors of listed companies to be independent directors on a maximum of three listed companies. We believe that as Partner of Khaitan & Co., her responsibilities are equivalent to a whole-time directorship. Therefore, her high number of directorships on listed companies is not in keeping with the spirit of the regulation. Therefore, we do not support her reappointment.
    2 for4 against

Mutual fund votes, meeting of 20 Sep 2022, 4 fund houses

  • To consider and adopt (a)The Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2022 and the Reports of Board of Directors and the Auditors thereon, and (b) The Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2022 and the Reports of the Auditors thereon.MoreLess
    4 for0 against
  • To appoint Mr. Pradip Kumar Todi (DIN 00246268), who retires by rotation and being eligible, offers himself for re-appointment as a director.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundClubbed resolution
    3 for1 against
  • To appoint Mr. Navin Kumar Todi (DIN 00054370), who retires by rotation and being eligible, offers himself for re-appointment as a director.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundClubbed resolution
    3 for1 against
  • To re-appoint M/s S K Agrawal and Co Chartered Accountants LLP as Statutory Auditors of the Company.
    4 for0 against
  • Re-appointment of Mr. Ashok Kumar Todi as Whole Time Director Chairman of the Company.
    4 for0 against
  • To approve request received from Mrs. Neha Poddar, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group
    Against Kotak Mahindra Mutual Fund, Nippon India Mutual Fund
    • Kotak Mahindra Mutual FundAs per SEBI ICDR 2018 Mrs. Neha Poddar, is immediate relative of Mr. Ashok Kumar Todi and Mr. Saket Todi both together hold 14.81% voting rights which is exceeds the limit prescribed under above regulation i.e. 10% voting rights in the Company. Therefore, in view of the Regulation 31A of the SEBI LODR, Mrs. Neha Poddar cannot be reclassified under Public Category.
    • Nippon India Mutual FundLack of clarity regarding on the rationale for considering as non-promoter shareholder
    2 for2 against
  • To approve request received from Mrs. Shilpa Agarwal Samriya, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group category to “Public category.
    Against Kotak Mahindra Mutual Fund, Nippon India Mutual Fund
    • Kotak Mahindra Mutual FundAs per SEBI ICDR 2018 Mrs. Shilpa Agarwal Samriya, is immediate relative of Mr. Ashok Kumar Todi and Mr. Saket Todi both together hold 14.81% voting rights which is exceeds the limit prescribed under above regulation i.e. 10% voting rights in the Company. Therefore, in view of the Regulation 31A of the SEBI LODR, Mrs. Shilpa Agarwal Samriya cannot be reclassified under Public Category.
    • Nippon India Mutual FundLack of clarity regarding on the rationale for considering as non-promoter shareholder
    2 for2 against
  • To approve request received from Mr. Rohit Poddar, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group category to “Public category.
    Against Kotak Mahindra Mutual Fund
    • Kotak Mahindra Mutual FundAs per SEBI ICDR 2018 Mrs. Neha Poddar and her husband Mr. Rohit Poddar, are immediate relatives of Mr. Ashok Kumar Todi and Mr. Saket Todi both together hold 14.81% voting rights which is exceeds the limit prescribed under above regulation i.e. 10% voting rights in the Company. Therefore, in view of the Regulation 31A of the SEBI LODR, Mr. Rohit Poddar cannot be reclassified under Public Category.
    3 for1 against
  • To approve request received from Mr. Upendra Samriya, Person belonging to the Promoter Group, for reclassification from “Promoter Promoter Group
    Against Kotak Mahindra Mutual Fund
    • Kotak Mahindra Mutual FundAs per SEBI ICDR 2018 Mrs. Shilpa Agarwal Samriya and her husband Mr. Upendra Samriya, are immediate relatives of Mr. Ashok Kumar Todi and Mr. Saket Todi both together hold 14.81% voting rights which is exceeds the limit prescribed under above regulation i.e. 10% voting rights in the Company. Therefore, in view of the Regulation 31A of the SEBI LODR, Mr. Upendra Samriya cannot be reclassified under Public Category.
    3 for1 against

Mutual fund votes, meeting of 28 Sep 2021, 5 fund houses

  • To consider and adoptn(a)The Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2021 and the Reports of Board of Directors and the Auditors thereon, andn(b) The Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2021 and the Reports of the Auditors thereon.MoreLess
    5 for0 against
  • To appoint Mr. Ashok Kumar Todi (DIN 00053599), who retires by rotation and being eligible, offers himself for re-appointment as a Director.
    5 for0 against
  • Appointment of Mr. Navin Kumar Todi (DIN 00054370) as Executive Director of the Company.
    Against Bank of India Mutual Fund
    • Bank of India Mutual FundNavin Kumar Todi, 41, has 20 years of experience in the hosiery business and looks after the operations of the Tiruppur unit. He focuses on product premiumization, new brands and product categories. We estimate his remuneration at Rs. 18. 0 mn for FY22 (excluding commission, which is open ended). Notwithstanding, we raise concerns over the excessive number of promoter family members on the board: there will be six promoter executive directors on the board. This practice deters from attracting the right talent to the company. Therefore, we do not support Navin Kumar Todi’s appointment to the board.
    3 for1 against

    1 abstained

  • Appointment of Mr. Rahul Kumar Todi (DIN 00054279) as Executive Director of the Company.
    Against Bank of India Mutual Fund
    • Bank of India Mutual FundRahul Kumar Todi, 39, has 17 years of experience in hosiery line of business. In addition to looking after production function of Tiruppur unit, he has handled wide range of responsibilities across businesses and oversees several functions like finance, personnel and operations. We estimate his remuneration at Rs. 18. 0 mn for FY22, (excluding commission, which is open ended). Notwithstanding, we raise concerns over the excessive number of promoter family members on the board: there will be six promoter executive directors on the board. This practice deters from attracting the right talent to the company. Therefore, we do not support Rahul Kumar Todi’s appointment to the board.
    3 for1 against

    1 abstained

  • Appointment of Mr. Saket Todi (DIN 02821380) as Executive Director of the Company.
    Against Bank of India Mutual Fund
    • Bank of India Mutual FundSaket Todi, 32, was President-Marketing. As an executive director, we estimate his FY22 remuneration at Rs. 18. 0 mn. His remuneration terms are open-ended: there is no clarity or cap on the amount of commission and the board has powers to revise his remuneration. We believe Saket Todi does not have enough experience to be on the board of a listed company as a director. We believe board positions are not legacies and must not be used as training grounds for promoter family members. We raise concern that the NRC largely comprises tenured Independent Directors.
    3 for1 against

    1 abstained

  • Appointment of Mr. Udit Todi (DIN 02017579) as Executive Director of the Company.
    Against Bank of India Mutual Fund
    • Bank of India Mutual FundUdit Todi, 32, was President-Strategy. As an executive director, we estimate his FY22 remuneration at Rs. 18. 0 mn. His remuneration terms are open-ended: there is no clarity or cap on the amount of commission and the board has powers to revise his remuneration. We believe Udit Todi does not have enough experience to be on the board of a listed company as a director. We believe board positions are not legacies and must not be used as training grounds for promoter family members. We raise concern that the NRC largely comprises tenured Independent Directors.
    3 for1 against

    1 abstained

  • Appointment of Mr. Rajnish Rikhy (DIN 08883324) as an Independent Director of the Company.
    4 for0 against

    1 abstained

  • Appointment of Mrs. Ratnabali Kakkar (DIN 9167547) as an Independent Director of the Company.
    4 for0 against

    1 abstained

Mutual fund votes, meeting of 27 Nov 2020, 4 fund houses

  • Approval of Proposed Scheme of Amalgamation of J.M Hosiery & Co. Limited ( Transferor Company 1 )and Ebell Fashions Private Limited ( Tranferor Company 2) with Lux Industries Limited ( Transfree Company) and their respective shareholders.MoreLess
    1 for0 against

    3 abstained

Each fund house counted once, from its own disclosure; the reasons are its own words.

Fines and stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtLux Global LimitedSince 18 May 2026

    100.00% bought in the quarter; holding 100.00%, from 0.00%

  • Unlisted stake boughtLux and Cozi LimitedSince 22 May 2026

    100.00% bought in the quarter; holding 100.00%, from 0.00%

  • Fine or penaltyWB GST Department (First Appeals)Since 30 Apr 2026

    Demand Order passed on 30-04-2026 for alleging tax + Interest + penalty dispute of Rs 19,86,602/- (Tax Rs 3,46,846, Int Rs 15,03,402, Penalty Rs 1,36,714)

    Company had filed first appeal on 27-05-2025, the appeal has been rejected and the order has been passed on 30-04-2026 upholding the original order.

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.