This report is aligned with the International Integrated Reporting Councils’ (IIRC) globally accepted framework. Lumax Auto Technologies Limited (‘Lumax AutoTech’ or ‘the Company’ or ‘Lumax’ or ‘LATL’) aims to strengthen its communication to the stakeholders with respect to material activities, value creation process, business highlights and future prospects. The report also follows and adopts guidelines laid out by SEBI with respect to Annual Report.
This annual report comprises all the relevant aspects of operations of Lumax AutoTech. It also consists of the desired statutory disclosures and audited annual financial statements for the year ended 31 March 2020. All subsidiaries are included in the consolidated financial information.
The content and structure of our annual report are guided
by the framework endorsed by the Integrated Reporting
Lumax AutoTech’s Board of Directors and its subcommittees have reviewed the report and have satisfied themselves of the materiality, accuracy, and balance of disclosures in this report. The Board has not sought independent assurance of the report, other than for the annual financial statements.