Lux (LUXIND) — Board Meeting

Lux Industries Limited announced board approval of a Rs. ₹600 crores capacity expansion at its Dankuni facility, adding approximately 12 lakh square feet to become one of Asia's largest garment factories. The project, costing ₹450 crores in new capex, targets completion within 6 years and expects incremental annual revenue of ₹900-1000 crores upon full utilization. It will create 3,000 direct and 6,000 indirect jobs in West Bengal.

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About Lux Industries Limited (LUXIND)

Textiles · Textiles & Apparels · Listed on NSE

Market Cap: ₹4,111.1 Cr P/E: 23.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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