ABOUT THIS REPORT

This report is aligned with the International Integrated Reporting Councils (IIRC) globally accepted framework. Lumax Industries Limited (‘Lumax Industries’ or ‘the Company’ or ‘Lumax’) 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.

SCOPE AND BOUNDARY

This annual report comprises of all the relevant aspects of operations of Lumax Industries. It also consists of the desired statutory disclosures and audited annual financial statements for the year ended 31 March 2020. Consolidated financial information also forms part of this Annual Report are included in the consolidated financial information.

FRAMEWORKS

The content and structure of our annual report are guided by the framework endorsed by the Integrated Reporting Council. Besides, the Company fully complies with the NSE and BSE listings as well SEBI Compliances. It is committed to embracing best practices in reporting to ensure transparency and better stakeholder engagement.

ASSURANCE

Lumax Industries’ 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.