80th Edition - Sagar | April - June 2025 | Lumax Group

80th Issue | April - June 2025

FROM PROMISE TO PRACTICE. FROM TODAY TO TOMORROW.

Inspiration

01

Know Your Leader

02

LUMAX Group’s Journey towards

03

Growing Responsibly

Hitting The Road

04

Financial Year Gone By

05

Events

06

Achievements & Milestones

07

Building on the Customer-First Philosophy

08

Road to One Lumax

09

Empower & Elevate

10

Driving Change Through CSR

11

IAC India

12

Greenfuel Energy Solutions

13

EDITORIAL TEAM: Ms Priyanka Sharma | Ms Himani Joshi | Ms Manpreet Kaur | Ms Manvi Srivastava | Ms Swati Suman | Mr Parth Tayal | Mr Rahul Choudhury SUPPORTED BY: Ms Diksha Patel | Ms Jyoti Gupta | Ms Khushboo Sharma | Ms Shital Chute | Mr Priyank Kumar | Ms Kalyani Shedge | Mr Neeraj Saini | Ms Arundhati Routray | Mr Lokesh Singh | Ms Purva Dandekar | Ms Priyanka Yadav | Ms Abhilasha Dev | Mr Manu Kumar S | Ms Namrata Kadam | Ms Renu Sharma | Mr Goutam | Gachhinakatti | Mr Anish Kumar Pandey | Mr Monesh Chaturvedi | Mr Mohit Mahar | Mr Sachin Sontakke | Ms Mayuri Dhorajiya | Mr Sanjeev Sharma | Ms Bijal Desai

Inspiration Dear Team, I am pleased to share that the past three months from April to June 2025, have been highly engaging and productive for the Lumax Group. This edition of Sagar holds special significance, as it marks the 80th edition, coinciding with a momentous year where we commemorate and celebrate eight decades of Pride, Progress, and Positivity. Our 8-decades journey is a story of passion and innovation, made possible by the unwavering commitment of our employees and the enduring trust of our esteemed customers and partners.

In the previous fiscal year, Lumax Industries achieved a revenue of ₹3400 Crore, reflecting a 21% year-over-year growth. The Company recorded an EBITDA margin of 8.5%. Lumax Auto Technologies delivered a stellar performance with a revenue of ₹3637 Crore, marking an impressive 29% growth over FY 2024-25. EBITDA reached a historic high with margins standing at 14%.

The acquisition of the remaining stake in IAC Group’s India Business by Lumax Auto Technologies marks a pivotal step in our journey towards long-term value creation, reinforcing our strategic vision and enabling future growth by building a strong foundation of continuity and scalability.

Followed by the acquisition, the IAC India’s new Chakan Plant 3 and the extension of Chakan Plant 1 were successfully inaugurated. These state-of-the-art facilities were established in record time, marking a significant milestone in our commitment to innovation and excellence in automotive interiors. We were privileged to welcome our esteemed customers and partners to these facilities, where we engaged in meaningful and forward-looking business discussions.

For Lumax Yokowo, it was a milestone quarter, as it marked their first dispatch to Lumax Group’s biggest customer Mahindra & Mahindra. Lumax Alps Alpine achieved the milestone of supplying one million Power Window Switches to Maruti Suzuki India and also inaugurated a new Throttle Position Sensor production line.

It is indeed gratifying to receive awards and recognitions from our valued customers and industry awards across different regions. We received the On-time Delivery Award and Best New Model Development Award. I take this opportunity to thank our customers and the industry associations for

acknowledging our good work and supporting us in our journey from Good to Great. These accolades motivate us to strive for excellence in innovation, operational efficiency, and customer satisfaction.

We commemorated June as World Environment Month at Lumax Group, I take pride in the quiet yet determined strides we are making toward a more sustainable future. From achieving zero untreated wastewater discharge across all active plants to embracing renewable energy and sustainable practices, our commitment runs deep. This month, our teams across locations came together for meaningful initiatives - from tree plantation drives to awareness campaigns, reinforcing that sustainability at Lumax is a shared responsibility and a way of life.

As we step into the next chapter of this milestone year, I extend my heartfelt gratitude to each one of you. Your hard work, integrity, and perseverance are the foundation of our collective success. Let us continue to work with passion and purpose, embracing change, driving innovation, and contributing to a future that is not just profitable, but also sustainable and inclusive.

Best regards, DK Jain Chairman Emeritus

KNOW YOUR LEADER Mr. Raju B Ketkale, CEO - Lumax Industries

People Development is the key.

Everything can be achieved if we develop people.

Lumax Group’s Journey towards Growing Responsibly Sustainability without the Spotlight Sustainability is not seen as a marketing slogan or a one-time initiative at Lumax group. It is a quiet, deliberate shift, rooted in pragmatism, participation, and personal responsibility. While our legacy has long been associated with lighting roads and enabling mobility across India, we have steadily embraced a parallel mission: to illuminate the path towards a more sustainable future.

Today, Lumax is guided by six ambitious Environmental Goals that reflect our commitment to responsible growth: Achieving Net Zero Emissions (Scope 1 & 2)

by FY 2027–28 Reaching Net Zero Emissions (Scope 3) by 2035 Pursuing Life Cycle Zero CO₂ Emissions

This transformation did not begin with a dramatic announcement. It emerged from a series of consistent, thoughtful decisions. We began by reusing a little water, even when our operations required consumption in kilo-litres. We started measuring environmental parameters that were once overlooked. We asked critical questions about the fate of our waste before it left our premises.

Minimising waste generation and maximising recycling

These small but significant actions have now evolved into a clear and strategic direction.

Our vision is to make Sustainability not just an organisational target, but a personal commitment.

Optimising water usage across all operations Contributing to the creation of a future society in harmony with nature

When Numbers Tell the Story From Energy Consumption to Energy Consciousness across our 42 manufacturing facilities, the transition to renewable energy has been both technical and cultural.

We have moved beyond compliance to cultivate a mindset of energy consciousness.

Today, over 60% of our energy requirements are met through renewable sources. We have installed 34 MWp of solar capacity across key locations including LIL Dharuhera, LIL & LATL Bangalore, LIL & IAC Chakan, and LIL Sanand. Two plants, LIL Bangalore and LATL Bangalore, will be operating on 100% renewable energy by the time you will be reading this.

Our targets are clear: 70% renewable energy

by FY 2025–26 and 100% by FY 2027–28.

Over 60% of our energy comes from renewables

Sites like Sanand and Dharuhera have made remarkable progress in a short span, with Sanand increasing its renewable energy share from 1% to 61%, and Dharuhera from 5% to 58%, including a beautiful Opex Solar Park (upcoming Ecological Park) in 2 acres of land. Our targets are clear: 70% renewable energy by FY 2025–26 and 100% by FY 2027–28. These efforts have already resulted in an annual reduction of 53,332 metric tons of CO₂ emissions.

Every Drop Counts Water sustainability has become an integral part of our operational strategy. All active plants now ensure zero untreated wastewater discharge. We have implemented advanced equipment, conducted regular audits, and installed rainwater harvesting infrastructure.

Waste to Worth Our approach to waste management has undergone a fundamental shift, from disposal to resourceoptimisation.

We have repurposed scrap materials into functional and aesthetic assets: over 90 wooden planters have been created from discarded pallets, trees have been planted in barren-lying steel drums and vertical gardens have been constructed using gloveboxes.

We have adopted a zero-incineration, zero-landfill policy. All waste is meticulously segregated, tracked, reused, or recycled and sold only to authorised third parties. Waste streams are regularly being mapped by type, including polythene, batteries, biomedical waste, and construction debris, ensuring responsible handling at every stage.

Beyond compliance, we are actively pursuing water reuse initiatives like in-house gardening. These measures not only enhance efficiency but also build long-term resilience against water scarcity.

Beyond Checklists – Building a Culture The Life Cycle Assessment (LCA) Leap Lumax is poised to become India’s first automotive lighting company to conduct Life Cycle Assessments (LCA) across its product portfolio. LCAs are planned across 11 plants, including Bangalore, Bawal, Dharuhera, Sanand, Chakan, Pantnagar and Haridwar.

We will be integrating GreenPro certification into our

product development processes. This will be evaluating the environmental impact in the manufacturing of each product, fulfilling our responsibility as a producer.

Digitalisation of Data Recognising the limitations of manual tracking, we have transitioned to AI-enabled ESG data systems. This shift has halved the time required for data management reducing manpower hours from 10 to 5 per unit - while significantly improving accuracy, transparency and audit readiness.

Real-time ESG dashboards provide detailed analysis and actionable insights, enabling faster and more informed decision-making. Because in sustainability, timely data is not a luxury, it is a necessity.

Analytics Overview Apr 24-Jan 25

Scope Wise Breakup

Absolute Emissions

Emissions Avoided

Energy Consumption

48,406 tCO2e

8,451.39 tCO2e

78940.73 MWh

Total Emissions

48,406 tCO₂e

96 %

Scope 2

Emissions Intensity

Emissions Intensity

Per Employee

Per crore revenue

7.39 tCO2e

Emissions Intensity

0.001 tCO₂e

18.02 tCO2e

Scope 1 1,793.99 1CO₂e (03.71%)

Per unit production (per pc)

Total Emissions

Scope 1

Scope 2 46,612.47 CO₂e (96.29%)

Scope 2

Total Offsets

Go to impact Shop >>

6000

tCO2e

5000 4000 3000 2000 1000

Aug 2024 Scope 1 129 tCO₂e Scope 2 4681 tCO₂e

0

tCO2e

Sustainability Is a Team Sport

Rooted in Culture

We understand that a supply chain is only as sustainable as its most vulnerable link. To support it, we have initiated BRSR Core reporting from FY 2024-25 onwards. Our suppliers are being trained on ESG metrics and carbon reduction planning, and we are establishing systems for joint monitoring and mitigation.

Sustainability at Lumax is no longer being confined to boardrooms or policy documents. It is being embedded in the everyday actions of our teams.

Employees across units are encouraged to undertake Kaizens focused on energy, water, and waste. Eco pledges, ranging from eliminating single-use plastics to promoting local sourcing are becoming an integral part of our work culture.

Transformations happen when cultures change. And cultures change only at the grass-root level.

Recognition That Reflects Our Work Our efforts have been acknowledged by industry leaders and institutions. LUMAX has received the Sustainability Gold Award from TVS Motors, earned recognition from Volkswagen and Tata Motors, and secured CII’s ESG Certification for plants such as LCAT Chakan and IAC Chakan-2.

These accolades affirm that our internal commitments are translating into visible, external impact.

A Journey, Not a Destination We do not claim to have all the answers. Nor do we seek to portray perfection. Our approach is grounded in transparency, and continuous improvement. We are not greenwashing our way through milestones - we are building a path forward, one step at a time.

This transformation is not optional.

It is essential. And we are proud to be part of the solution.

Hitting The Road Company: TATA Model: New Altroz (MCE) Product: Rear Lamp, Mood Lamp, TGL (BV & High), BSO (BV & High)

BSO (BV & HIGH)

TGL (BV & HIGH)

AIR FILTER ASSY

MOOD LAMP

Inspiration Hitting The Road Company: TATA Model: Harrier EV Product: Fog Lamp

Company: VE Commercial Vehicles Ltd. (VECV) Model: Titan EV Product: Gear Shifter

Inspiration Hitting The Road Company: SML ISUZU Model: Samrat GS Tipper (Commercial Vehicle) Product: Gear Shifter

Company Name: Honda Cars India Limited Model Name: Elevate Product: Gear Shift Lever Assembly - AT & Knob MT

GSLA AT

KNOB MT

Inspiration Hitting The Road Company: Mahindra & Mahindra Model: Yezdi Adventure Product: Head Lamp

Company: M&M Model: OJA Products: Projector HB, LB. Reflector, Signature Lamp

Inspiration Hitting The Road Company: MARUTI SUZUKI Model: Grand Vitara Products: Spot Lamp

Company Name: SUZUKI Model Name: E ACCESS Product: Head Lamp, Front Turn Signal & Rear Turn Signal

HEAD LAMP

FRONT TURN SIGNAL

REAR TURN SIGNAL

Company Name: HERO Model Name: VIDA VX Product: Front Turn Signal/ Rear Turn Signal

FRONT TURN SIGNAL/ REAR TURN SIGNAL

FINANCIAL YEAR GONE BY FY25 - Financial Snapshot - Lumax Industries Revenue (Rs. In Crs)

EBITDA (Rs. In Crs)

PAT (Rs. In Crs)

+29.0%

+19.4%

+26.0%

3,400

2,637

FY24

289

242

FY25

FY24

111

FY25

FY24

EBITDA Margin

PAT Margin

-70 bps

-10 bps

9.2% 8.5%

FY24

FY25

140

4.2%

FY24

4.1%

FY25

FY25

FY25 - Financial Snapshot - Lumax Auto Technologies Revenue (Rs. In Crs)

29.0%

EBITDA (Rs. In Crs)

25%

3637

2822

FY24

PAT (Rs. In Crs)

37%

516

413

FY25

FY24

EBITDA Margin (%)

14.60%

167

FY25

FY24

PAT Margin (%)

14.20%

6.30%

5.90%

FY24

FY25

229

FY24

FY25

FY25

EVENTS This quarter was a dynamic blend of engagement and progress, marked by enriching experiences across anniversaries, conferences, review meets,

milestone inaugurations and first dispatches.

Each event reflected our collective energy, collaboration and drive to move forward together.

Annual Management Meet FY 2025 REFLECT. REALIGN. RISE. Dive into our recent Annual Management Meet, where minds met, strategies were forged and the roadmap for FY 2025-26 was plotted. Targets were not just set but envisioned.

Unpacking the potential of our incredible teams.

Here's to another year of moving ahead with Pride, Progress and Positivity!

Continuity, Stability & Growth !

Inauguration Of Iac India's Chakan III Plant & Plant I Extension The Lumax Group is happy to announce the successful inauguration of IAC India's new Chakan III Plant and the extension of Chakan Plant I on May 28, 2025.

These state-of-the-art facilities were established in record time, marking a significant milestone in our commitment to innovation and excellence in automotive interiors.

The inauguration ceremony was graced by esteemed dignitaries, including Mr Harish Chavan, Chief Purchase Officer - Auto & Farm Sector - Mahindra & Mahindra, along with Mr Nitin Bhangale, Head of Automotive Mfg Infra Projects, Plant Utilities, Mfg Excellence, ESG & TPM, and Mr Sandeep Naik, Supply Chain Head, Auto Sector and team from Mahindra & Mahindra. Their presence highlights the

strong relationship between IAC India and Mahindra & Mahindra.

From the Lumax Group, Mr Deepak Jain, Chairman, and Mr Anmol Jain, Group Managing Director; Mr Raju Ketkale, CEO, Lumax Industries and Mr Vikas Marwah, CEO, Lumax Auto Technologies graced the occassion, welcoming the Guests from Mahindra & Mahindra and thanking them for all their support and guidance.

Mr Kazuki Takano, Director, Stanley Electric Co., travelled from Japan for the inauguration reflecting the strength of the longstanding Lumax-Stanley partnership.

Representing IAC Group, USA, Mr Sebastian Decosta, Chief Commercial Officer attended the event, alongside Mr Sunil Koparkar, Managing Director and Mr Sitangshu Nandy, Sr Director, IAC India.

Key Highlights: Chakan III Plant: Specifically designed to cater to the evolving needs of electric vehicles (EVs), this facility will focus on producing advanced interior systems and components.

Plant I Extension: Enhances IAC India's production capabilities, ensuring it meet the growing demands of the customers with efficiency and precision.

The combined investment for these two plants is approximately INR 70 crore, reflecting IAC India's dedication to expanding its footprint and delivering top-tier automotive solutions.

This achievement is a testament to the collective effort, dedication and vision of IAC India's teams.

IAC India looks forward to leveraging these new facilities to drive innovation and set new benchmarks in the Indian automotive industry.

1st Anniversary of Lumax Industries, R&D Centre, Pune ONE YEAR. ONE VISION. COUNTLESS ILLUMINATIONS. The Lumax Industries R&D Centre in Pune has become the ignition point for breakthrough lighting technology. A space where beams of innovation stretch from India to Japan, further to Czech Republic. From dynamic LEDs to adaptive lighting, this is where design, electronics, optics & software intersect to build the future of automotive lighting.

Congratulations and best wishes to everyone at the centre! Here’s to many more years of innovation, global collaboration and lighting up the road ahead!

illion and Counting!

A major milestone and a moment of pride — Lumax Alps Alpine has crossed the 1 million mark in Power Window Switch deliveries in just three years! What began with 44 members has now grown into a 128-strong workforce, this journey reflects incredible growth and commitment to excellence.

Fueling this momentum, a new Throttle Position Sensor production line was inaugurated, led by Mr Vikas Marwah, CEO, Lumax Auto Technologies and Mr Yasushi Motokawa, Dy. Managing Director, Lumax Alps Alpine India & Managing Director, Alps Electric India Pvt. Ltd. Here's to innovation, milestones and many more zeros to come!

Annual Sales & Accessories Conference – Lumax Auto Technologies, Aftermarket Division ON THE ROAD TO LAKSHAY 2030 With great energy and shared vision, teams at Aftermarket Division came together for the much-awaited Annual Sales and Accessories Conference. The aim was to collaboratively define and align zone-wise sales targets and strategic priorities in line with long-term vision – Lakshay 2030. The conference set the stage for united growth, bold market expansion and consistent performance excellence across all regions.

• Champion Region – Overall Sales (FY 2024025) : South • Champion Region – Overall Accessories ( FY 2024-25) : North 2 Kudos to both teams for setting the benchmark in performance!

With the mission, for this year – Transform 2025 – the Aftermarket Division is charging ahead with unstoppable momentum towards Lakshay 2030, fuelled by a clear purpose and an unrelenting drive for excellence.

Dojo Centre Inaugurated at Lumax Mannoh Allied Technologies Bengaluru Strengthening Skills. Shaping Excellence.

The inauguration of the Dojo Centre (Gurukul) at Lumax Mannoh Allied Technologies – Bengaluru in June 2025 was a huge success!

This state-of-the-art training facility is dedicated to empowering our workforce with best-in-class skills, hands-on learning and a deeper understanding of quality, safety and operational excellence.

Inaugurated by Guests from TKM & MSIL • Mr Kensuke Azuma, Project GM – QC, TKML • Mr Fukui, GM – Purchase, TKML • Mr Katsunori Suzuki, SMC Advisor – QAPQS, MSIL • Mr Kulwinder, AGM – QAPQ, MSIL From sharpening fundamental skills to fostering continuous improvement, the new Dojo Centre reinforces our commitment to building a future-ready workforce.

Let’s keep learning. Let’s keep growing.

Lumax Industries at Lumax DVN Tokyo!

From India to the world — not just a talk, but our voice.

At the 35th DVN Tokyo Workshop, our very own Mr C.S. Singh, Executive Vice President & Head – Innovation, Product & Technology, represented Lumax Industries as a keynote speaker. In the session, he shared insights on "Innovation in India and Innovation for India with Japanese Methodologies.”

As India becomes 4th Largest Economy with its widening demography of new users and addressing new generation’s inspiration, smart by Innovation is the key for Lumax’s automotive lighting journey.

Celebrating the Academic Achievements of Tomorrow’s Trailblazers Success is never accidental, it is a story of resilience, late-night studies, countless sacrifices and unshakable dreams.

We came together to honour those stories, the young achievers from our Lumax family, nearby communities and the spirited students from Jehangir Hospital, Pune, who are part of our CSR efforts.

These children, many of whom live with diabetes and navigate life with quiet strength, reminded us what true courage looks like. They may not be allowed sweets; but on this day, Lumax tried to bring a different kind of sweetness into their lives: recognition, celebration and love.

Why it was special: It is more than marks, it is motivation, recoginising students’ success boosts confidence and encourages the next leap.

Community connect that counts. Bringing in students from local areas added more meaning, more smiles and more purpose.

Families at the heart of Lumax. When we applaud our employees’ children, we celebrate their strength behind the scenes.

Real stories. Real pride. Real impact.

Every cheer at the event reflected what Lumax stands for – respect, passion and excellence.

First Dispatch Alert!

Lumax Yokowo Technologies – Mahindra & Mahindra Lumax Yokowo Technologies have rolled out the first ever supply of the Shark Fin Antenna to Mahindra & Mahindra, marking the start of a high-impact relationship.

Why this matters: • Mahindra is the largest customer across the Lumax Group • This dispatch marks the first official supply from Lumax Yokowo • A testament to our team’s precision, passion and performance.

Why this is BIG: • 70 %+ Localisation achieved • Development completed in just 10 months • Cleared homologation, certification & vehicle evaluations with excellence.

Committed to Excellence, Powered by Trust

LATL AOR North & South Meet A POWER-PACKED SESSION DRIVING THE FUTURE! The LATL AOR North & South Meet at Lumax Corporate Headquarters was a dynamic gathering, uniting LATL AOR, Lumax Group leadership and the strategic business team to reflect, realign and charge forward with renewed momentum.

The Teams from LMAT and LATL, Bengaluru were

LATL AOR Meet - West

bestowed with the Shield of Honour for the commendable performance in 2024-25.

The meet reinforced a powerful mindset that no goal is too far and the sky is not the limit!

Let’s drive forward with unstoppable energy!

Together, the team is set to break barriers, innovate fearlessly and shape the future of LATL AOR.

Moulding Vendors Meet at Lumax Industries In our journey towards Hoshin – Manufacturing Excellence, synergy within the vendor ecosystem plays a pivotal role. The Vendor Review Meet brought together our moulding partners for a focused session at our Lumax Industries Bawal and Dharuhera plant.

Key Highlights: • Kicked off our Monthly Review Cycle to drive consistency and accountability.

• Engaged in discussion on Quality and Delivery improvements.

• Collaboration on priorities aligned with our Business Plan 2030.

• These meets are building blocks of trust, alignment and continuous improvement.

• Synergy with our Partners = Strength in performance.

Lumax’s Campus Recruitment Drives In continuation of our commitment to nurturing the next generation of professionals, Lumax’s campus recruitment drives serve as a launchpad for young minds to step into the dynamic world of mobility and innovation.

In this quarter, Lumax Group conducted campus recruitment drives at: • Lumax Industries, Bawal: Govt. Polytechnic College, Neemrana & Govt. ITI College, Rewari • Lumax Alps Alpine India & Lumax Mannoh Allied Technologies, Manesar: Govt. Polytechnic College, Lucknow

Aftermarket in Action

Birthday Celebrations with our Channel Partners

Across India | Building Stronger Connections, Driving Deeper Impact The Aftermarket Division of Lumax Auto Technologies Limited has been on the move, literally and figuratively, with a series of high-impact, customer-first initiatives across the country.

Here are some glimpses from our latest engagement activities:

Certificates of Recognition for Bandhan Club Retailers

Mechanic Meet at Vijayawada – direct connect with hands-on experts

Product Promotional Van Campaigns near key aftermarket hubs

Product Awareness Drives across key locations

Retailer Meet - Ahmedabad

These initiatives are not just promotions, they are about relationships, trust, and long-term value.

By staying connected with our Retailers, Mechanics & Channel Partners, we are keeping Brand Lumax visible, relevant, and respected in every corner of the aftermarket.

ACHIEVEMENTS & MILESTONES Awards and recognitions are powerful reminders of our purpose, passion and performance. Every accolade and recognition whether from customers or the industry reaffirms our commitment to excellence and innovation. A big shoutout and congratulations to all the lumaxites for the remarkable achievements and milestones this quarter. Here's to reaching greater heights together!

Best New Model Development Award Lumax Industries has been honoured with the Best New Model Development Award at the Suzuki Motors India Private Limited Annual Vendor Conference 2025.

On Time Order Fulfillment Award Lumax Industries, Chakan II, won the "On-Time Order Fulfilment Award" from Mahindra SPD at the recently held Supplier Conference, for the second consecutive year.

A Moment of Pride for Team Lumax!

The Lumax Group has been honoured with four prestigious awards at the Maruti Suzuki Vendor Conference 2025, recognising our relentless pursuit of excellence, innovation, and customer-centric performance.

The recipients of the 4 prestigious awards are: Lumax Auto Technologies Limited (LATL) – Overall Performance Award Lumax Mannoh Allied Technologies (LMAT) – Overall Performance Award Lumax Industries Limited (LIL) – Inner Part Localisation Award IAC India – Vendor System Audit Rating Award These awards are a testament to our robust manufacturing systems, engineering excellence, and unwavering commitment to quality and localisation.

Together, we continue to light the road ahead with innovation, integrity, and excellence.

Lumax Auto Technologies Limited (LATL) – Overall Performance Award

Lumax Industries Limited (LIL) – Inner Part Localisation Award

Lumax Mannoh Allied Technologies (LMAT) – Overall Performance Award

IAC India – Vendor System Audit Rating Award

ACMA North Region

Lumax Auto Technologies, Pantnagar secured the 1st position and Lumax Cornaglia Auto Technologies, Pantnagar secured the 3rd position at the ACM 9th Zonal Quality Circle Competition (Uttarakhand Zone) .

BUILDING ON THE CUSTOMER-FIRST PHILOSOPHY Lumax Industries, Bengaluru welcomed Mr Suraj Agarwal, Mr Yoshikuni Nakao, Mr Yoichi Takita, Mr Anuj Sood, Mr Puneet Kohli, Mr Anurag Kalra, Mr Rahul, Mr Ankur Agarwal, Mr Sharat Gupta from Honda Motorcycle & Scooter India.

Lumax FAE welcomed Mr Sanjeev Jain, DirectorPurchase, Mr Yuichi Akita, Director-Purchase, Mr Kamal Garg, Operating Head, Mr Yasuhiro Miyaka, Executive Coordinator, Mr Anurag Kalra, General Manager, Mr Vikas Kapoor, General Manager, Mr Sukenori Kabayama, Coordinator and Mr Abhishek Das, Manager; from Honda Motorcycle & Scooter India.

Lumax Mannoh Allied Technologies, Manesar welcomed Mr Prithviraj, E-lead Engineer Automotive Transmission, MRV and Mr M Kiran, Polymer Expert from Mahindra Research Valley.

Lumax Mannoh Allied Technologies, Manesar welcomed Mr Vimal Khanna, Senior Manager CDMM, Mr Rajsuriya, Senior Engineer, Mr Sivaraman Gurukarthik, Senior Lead Engineer from Mahindra & Mahindra.

Lumax Mannoh Allied Technologies, Manesar welcomed Mr Kazunori Ito, Japanese Quality Advisor and Mr Aman Kumar, Section in-charge QA from Suzuki Motors Gujarat.

Lumax Industries, Sanand welcomed Mr Vipin Garg, Executive Officer of Quality Assurance from Maruti Suzuki India Limited and Mr Dheeraj Arora, Departmental Vertical Manager of Quality Assurance from Suzuki Motor Gujarat.

Lumax Industries, Chakan welcomed senior management team, Mr B A Girish, Sr Engineer Purchase, Mr Harisha M, Dy. Manager Purchase, Mr K Kulandaivelan, Dy. Manager, QC and Mr Pushpinder Singh, Sr Engineer, Purchase from Toyota (TKML).

Lumax Industries, Chakan III welcomed Mr Uchimura, Mr Imamura, Mr Goi, Mr Anurag, Mr Sarvana from Toyota.

ROAD TO ONE

LUMAX

Leadership visits ignite a sense of pride, recognition and motivation across teams, strengthening our collective commitment to One Lumax and propelling us forward on our Good to Great journey. Mr Raju Ketkale, CEO of Lumax Industries visited Lumax Industries Chakan III facility where he took an in-depth overview of manufacturing operations and interacting with teams at the shopfloor.

Strengthening Synergy via Cross Plant Visits The Uttarakhand Cluster has launched a new initiative “Strengthening Synergy Via Cross Plant Visits” aimed at fostering collaboration, cross-functional learning and continuous improvement across Lumax plant locations. As part of this journey, Lumax Industries, Pantnagar visited Lumax Auto Technologies, Pantnagar exemplifying the spirit of collaboration.

EMPOWER AND ELEVATE

Our people are our greatest strength.

Empowered employees are the foundation of a thriving workplace. This section brings you glimpses from initiatives that help our teams stay skilled and perform better, informed and healthy.

From workplace trainings and upskilling programs to wellness campaigns and health awareness sessions. Through these collective efforts, we aim to curate a culture where every employee feels supported to grow, both personally and professionally.

Asthma Awareness at Lumax Industries, Pantnagar

First Aid Awareness and Cancer Awareness Session at Lumax Auto Technologies, Kuruli and Akurdi

Awareness on Heat Stroke

Thyroid Awareness Session at Lumax Industries, Pantnagar

Cervical Cancer Awareness Session At Lumax Industries, Pantnagar

LEARN TO LEAD

Trainings at Lumax Industries, Bawal • Cost Management • Poka Yoke OJT • Polishing & Welding • JH Pillar Training • 7 QC Tools

Teams from Lumax Industries, Bawal and Lumax Ancillary, Bhiwadi represented Lumax at QCFI Delhi Chapter’s Open House-Training Programme on VSM (Value Stream Mapping).

TKSA – Problem-Solving & Gemba Management Training at Lumax Industries, Bawal

Product Awareness Session on Functioning of Manual Gear Shifter at Lumax Mannoh Allied Technologies, Manesar • Incident Prevention and Grinder Safety training session at Lumax Auto Technologies-Metallics Division, PCNTDA plant • Fire Fighting Training at Lumax Auto Technologies, Pantnagar, Lumax Industries, Pantnagar • Behaviour Based Safety training at Lumax Auto Technologies – Metallics Division, Kuruli Plant

POSH Awareness Sessions Across The Group Sessions were held at: • Lumax Industries – Electronics Division – Bawal • Lumax Industries – Chakan III • Lumax Industries – Pantnagar • Lumax Auto Technologies – Pune • Lumax Auto Technologies – Pantnagar The ICC Committee Members training session was held at Lumax Auto Technologies – Pune (PCNTDA), IC Chairperson Ms Priyanka Sharma, and members from LATL – Metallics, LATL – Chakan and Lumax Cornaglia Auto Technologies, were part of the session.

The session focused on ICC Inquiry Protocols, POSH Amendments Update, Interactive Legal Q&A. These training sessions were also held virtually at Lumax Auto Technologies – Chakan, Lumax Industries – Chakan II & III, Lumax Industries – Gujarat, Lumax Industries – Lighting Division, Bawal, Lumax Industries – Dharuhera, Lumax Industries – Electronics Division, Bawal.

DRIVING CHANGE THROUGH CSR FY 2024–2025 Highlights

For us, Corporate Social Responsibility is more than a mandate, it is a commitment to uplift lives and enable progress. In the last financial year, our efforts have focused on empowering the girl child, strengthening public education, ensuring healthcare access and promoting dignified livelihood opportunities.

OUR PRESENCE HARYANA

GUJRAT

Every initiative has been a step towards building a more inclusive future and is a reflection of our belief that purposeful action, when sustained, drives lasting impact.

UTTARAKHAND

MAHARASHTRA KARNATAKA

QUALITY EDUCATION – SDG 4 Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all Girl Child Education The program supports the uninterrupted education of 150 young girls from Nursery to 5th Grade.

Impact: • Improved school retention • Reduced dropout rates • Strengthened foundational learning among first-generation learners

Life Skill and STEAM Education The program aims to make learning engaging and future-ready, it brings STEAM (Science, Technology, Engineering, Arts and Math) education and essential life skills to students in government schools across Haryana and Uttarakhand.

Impact: • Bridges the gap between theoretical knowledge and practical relevance • Build confidence and prepares students to be future-ready both personally and professionally

Sunehra Kal The program Sunehra Kal focuses on equipping adolescents with essential life skills through interactive sessions in schools across Haryana, Maharashtra and Gujarat reaching over 7800+ students.

Impact: • Reduced vulnerability to dropouts and early marriages • Enhanced academic performance • Strengthened decision-making, problem-solving and communication skills

Self Awareness

Critical Thinking

Empathy

Effective Communication

Interpersonal Relationships

Coping with Emotions

Career Margdarshan The program offers structured career counselling to over 5,000 students in government schools across Haryana, Maharashtra and Gujarat, helping them make informed academic and career choices.

Impact: • Bridging the information gap • Breaking the cycle of poverty • Awareness of Vocational and skill-based careers

Pre Assessment

Career Guidance

One to One personalised counselling & psychometric assessment

Post Assessment

“Usha Ki Kiran” Scholarship The “Usha Ki Kiran” scholarship supported 338+ students from government schools in Haryana, Maharashtra and Gujarat, helping them continue their education without financial barriers.

Impact: • Reduce Dropout ratio • Boosts academic performance • Encourage higher education

Ensure healthy lives and promote well-being for all at all ages

GOOD HEALTH & WELLBEING – SDG 3 Cancer Detection and Patient Support Conducted in rural areas of Haryana, this initiative includes cancer awareness and detection camps to promote early diagnosis and preventive care, along with direct support to patients in need.

900+ screenings

9 cancer patients supported Impact: • Reduce stigma around the disease • Early Detection enables timely diagnosis and improves chances of successful treatment • Financial support provides stability and strength to the patients and their families

Eye Screening and Free Cataract Surgeries The program brings essential eye care to the doorsteps of underserved communities in Haryana through screening camp and free cataract surgeries to those in need.

1836 Screenings

424 Cataract Surgeries Impact: Restoring vision through timely intervention with improved vision, beneficiaries are able to reclaim their daily lives and return back to work.

Supporting Juvenile Diabetes Patients The program aims to provide holistic care for children living with Type 1 (juvenile) diabetes by offering ongoing medical, nutritional and emotional support. It aims to ensure they lead healthy, confident lives while managing a chronic condition.

35 juvenile diabetes patients supported Cancer Centre For Kids Sakushal Trust The program provides safe and comfortable residential facility for children who suffer from cancer and their families coming to Delhi for treatment.

Impact: A space of comfort, away from the stress of hospital, giving a supportive environment for both the children and their families to battle against cancer with hope and strength.

Sanitary Napkin Manufacturing Unit Our sanitary napkin manufacturing unit in Nuh, Mewat (Haryana) supports women from the communities to manufacture sanitary pads. These pads are then distributed to adolescent girls in the schools that we support.

3500 sanitary napkins distributed Impact: • Promoting menstrual health & hygiene by making sanitary pads accessible and affordable • Empowering women with sustainable income opportunities

EVENTS AT IAC

Automation Milestone Unlocked at IAC Nashik!

For the first time ever, an Automated Storage and Retrieval System (ASRS) has been successfully installed at IAC Nashik — dedicated specifically to storing Vibration Welding Tools.

What’s New? This smart solution brings: • Optimised space utilization • Improved safety & ergonomics • Faster retrieval & real-time tracking • Better tool management efficiency

Milestone Unlocked at IAC Nashik!

Installation of Low Frequency Vibration Welding SPM We’re excited to announce a major leap in manufacturing technology at IAC Nashik — the successful installation and commissioning of our first-ever Low Frequency Vibration Welding Special Purpose Machine (SPM).

This advanced solution is designed to weld complex plastic components with unmatched precision and strength, setting a new standard in our production excellence.

Why This Matters • Superior weld strength & quality • Enhanced precision for intricate plastic parts • Faster cycle times & energy efficiency • High consistency across batches What This Means for IAC • Readiness for new model launches • Stronger in-house capabilities • Reinforced positioning as a technology-driven manufacturing hub in India

ACHIEVEMENTS & MILESTONES AT IAC A Team Crackers shines bright at Mahindra QC Competition Team ‘Crackers’ from IAC Nashik secured a Top 3 spot in the prestigious Mahindra Quality Circle Competition held online in November 2024.

MS SONALI

CHAUDHA

RY

LEADER

What set them apart?

• Innovative problem-solving • Cohesive teamwork • An impactful presentation In May 2025, the team was awarded an official Certificate of Recognition from Mahindra & Mahindra.

MS LAXMI JAGTAP

Team Members: Leader: Ms Sonali Chaudhary Deputy Leader: Ms Pratiksha Gangude Core Member: Ms Laxmi Jagtap

MEMBER

MS P

RATIK

SHA G ANGU D

DY .L EA

ER

DE

Rising Star Recognition We are proud to spotlight Ms Subhangi, a trainee at IAC Nashik, who has been formally appreciated by our customer Mahindra & Mahindra (M&M) for her exceptional performance in achieving 100% SPD schedule compliance within timelines.

Her dedication, attention to detail, and reliability, especially as a trainee, reflect IAC’s values and the impact of our diversity & inclusion initiatives.

MS SUBHANGI

TPM Certified: Mr Sandeep Pathak Leads the Way Congratulations to Mr Sandeep Pathak from the Maintenance Team at IAC Chakan-2 for earning the TPM Facilitator Certification from Confederation of Indian Industry (CII)!

Trained to implement Total Productive Maintenance across IAC plants, Mr Pathak extends heartfelt thanks to: Prof Venkateswaran S (Mentor) Mr Sinoj Mathew (Supervisor) IAC Management for support and trust

Top of the Class!

Mr Amol Khandagale Scores Big We’re proud to share that Mr Amol Khandagale from the Quality Assurance team, IAC Nashik, has topped the Mahindra Yellow Belt Training Program with an outstanding 92% in the post-test exam – the highest score in his batch!

Greenfuel Commissions Its First CNG Dispenser in Partnership with Haryana City Gas in Gurgaon

Highlights of City Gas Distribution Conference 2025

Best Collaborative Partner 2025

World Environment Day 2025 At Lumax, sustainability isn’t a choice — it’s a commitment.

A promise to protect the environment while powering mobility for tomorrow.

ESG ROAD MAP FY 29-30 FY 28-29

• 40% reduction of CO₂ (Supply chain partners) • Diversity ratio by 25% • Inclusivity 5%

30% reduction of CO₂ (Supply chain partners)

FY 27-28 RE 100

25% reduction of CO₂ (Supply chain partners)

FY 26-27 RE 90

• 100% rain water harvesting setup.

• 10% reduction of CO₂ (Supply chain partners) • Diversity ratio by 20% • ISO 50001:2018 (EnMS) in all major plants • ISO 27001- in all plants & offices.

FY 25-26 RE 70

• Advance equipment installation for the reduction of fresh water intake.

• 5% reduction of CO₂ (Supply chain partners) • Diversity ratio by 15%.

• ISO 50001:2018 (EnMS)Model plants • ISO 27001- Model plants

FY 24-25 RE 40

• 100% ETP & STP in all plants • Diversity ratio 10% • ISO 14001 & ISO 45001 (EHS) in all major plants • ISO 27001- R&D

Stay connected with Lumax across all platforms to celebrate our journey and accomplishments together!