Brief: Lumax Industries Approves Capital Expenditure Up To 800 Mln Rupees To Set Up New Manufacturing Unit

Lumax Industries

26/03/2021 14:37

March 26 (Reuters) - Lumax Industries Ltd  LUMA.NS :
    * LUMAX INDUSTRIES - APPROVED CAPITAL EXPENDITURE UP TO 800
MILLION RUPEES TO SET UP NEW MANUFACTURING UNIT  IN SANAND
    * LUMAX INDUSTRIES - PEAK ANNUALIZED TURNOVER EXPECTED TO BE
ABOUT
1.5 BILLION RUPEES POST COMMISSIONING
    * LUMAX INDUSTRIES -  APPROVED SETTING UP AN OFFICE IN CZECH
REPUBLIC
    * LUMAX INDUSTRIES LTD SAYS PROJECT IS EXPECTED TO BE
OPERATIONAL
BY Q3 FY 22

Source text for Eikon:  ID:nBSEbvvzxm 
Further company coverage:  LUMA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))