Lux (LUXIND) — Announcement

📢 Key Event
Lux Industries denies defamation claims over Dankuni expansion project

🔄 What Changed
Defamation notice issued to MLA Kuna! Ghosh

💡 Investor Takeaway
The company is proactively defending its reputation and expansion plans against false allegations.

Lux Industries Limited held a press conference on August 21, 2026 to address defamatory allegations by MLA Kuna! Ghosh regarding its Rs. 600 crore Dankuni expansion project. Chairman Ashok Kumar Todi clarified all approvals were secured, the project's scale, and issued a defamation notice. The company emphasized strict regulatory compliance and denied all claims of procedural irregularities or environmental violations.

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About Lux Industries Limited (LUXIND)

Textiles · Textiles · Listed on NSE

Market Cap: ₹3,637.32 Cr P/E: 35.5 ROE: 6.1% ROCE: 8.9% Div Yield: 0.17%

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

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