The Board of Directors in its meeting held on May 29, 2025 have approved the following:\r\n1. Investment for an amount upto Rs. 0.51 crores (approx) to acquire stake in the equity share capital of AMPIN C&I Private Limited's subsidiary which is yet to be incorporated (the Special Purpose Vehicle)\r\n2. Incorporation of 2 (Two) Wholly owned subsidiary companies in the name of \Lumax Auto Solutions Private Limited\ and \Lumax Auto Comp Private Limited\ or any other name, as may be approved by the Ministry of Corporate Affairs, Office of the Registrar of Companies, Central Registration Centre\r\n