HDFC Mutual Fund boosts stake in Lumax Industries above 5%

HDFC Mutual Fund, acting through HDFC Asset Management Company Limited, has disclosed a substantial acquisition of shares in Lumax Industries Limited. As of September 17, 2025, the aggregate holdings of HDFC Mutual Fund's schemes in Lumax Industries Limited reached 5.02% of the paid-up equity share capital.

The acquisition involved an additional 15,000 shares carrying voting rights, representing 0.16% of the company's total share capital, through an open market transaction on September 17, 2025. This transaction increased HDFC Mutual Fund's total shares carrying voting rights from 4,54,295 (4.86%) to 4,69,295 (5.02%).

This disclosure was made in compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to both the National Stock Exchange of India Ltd and BSE Limited, where Lumax Industries Limited shares are listed.