Lumax Auto Technologies Ltd. — Capital/Financing Update 2019

Feb 16, 2019

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Investor Release

LUMAX AUTO TECHNOLOGIES LIMITED

Information on the PCB business

This has reference to the information filed by M/s Lumax Industries Ltd to stock exchanges for their intention to set up new facilities for manufacturing Electronic Parts including PCB’s. In this regard, we would like to inform as under:

1. At present, we are supplying PCB parts to M/s Lumax Industries Limited and the supplies have substantially increased in FY 18‐19. Our 98% supply of PCBs is to Lumax Industries Ltd at present.

2. PCB parts for Automotive Lighting are high technology critical parts and there is rapid change in the SMT technology. We have In‐house capability to meet the Customers requirement. There have been recent quality issues with the Lumax Industries Ltd and our technical Team is in constant touch with their technical Team to resolve the issues.

3. The Company is in the process of doing Impact assessment on account of the Lumax Industries Ltd. deciding to set up its In‐house Electronic parts manufacturing facilities so as to further understand the effect of new set up on our business.

4. We shall keep informed the outcome of the discussions.

About Lumax Auto Technologies Limited:

Lumax Auto Technologies Ltd. through its wholly owned subsidiaries and joint ventures, has been a manufacturer of wide range of products (Lighting Module, Frame Chassis, Integrated Plastic Modules, Gear Shift Lever, Intake systems, Seat Frames & Mechanisms etc). We are market leaders in Design, Testing and Manufacturing Gear Shift levers in India with an overall domestic market share of more than 60%. The Company has a robust pan‐India distribution network with 12 manufacturing plants across India in all major Auto clusters.

Our key customers include Bajaj Auto, Honda Motorcycles and Scooters, Maruti Suzuki, Honda Cars, Toyota, Damlier, V.E Commercial Vehicles and Tata Motors. For more information about the Group and its businesses, please visit our website http://www.lumaxautotech.com/

Safe Harbor Statement

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward‐ looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not

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Investor Release

necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward‐looking statements. The company assumes no obligation to update forward‐looking statements to reflect actual results changed assumptions or other factors.

For further details please contact:

Company		Investor Relations Advisors
Lumax Auto Technologies LtdCIN No: L31909MH1981PLC025519Priyanka SharmaEmail id:priyanka.sharma@lumaxmail.com		Strategic Growth Advisors Pvt Ltd.CIN No: U74140MH2010PTC204285Rahul Agarwal / Shrikant SanganiEmail id:rahul.agarwal@sgapl.netshrikant.sangani@sgapl.net Tel No: +91 79770 90416 / +91 96195 9566