Lux Industries shares in focus after company approves major three-way demerger planLux Industries shares in focus after company approves major three-way demerger plan

Introduction

Leading textile company approved in-principle demerger into three business verticals under family settlement arrangement with promoter group, including restructuring and new subsidiary formation plan.

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Share price movement of Lux Industries

On April 24, 2026, Lux Industries Ltd opened at ₹1,837.95, up 4.63% from its previous close of ₹1,756.40. The stock reached a high of ₹1,837.95 (4.63%) and a low of ₹1,615.30. By 12:05 PM, it traded at ₹1,660.00, a 5.49% decrease, with a market cap of ₹4,991.90 crore.

Lux Industries Approves Demerger Plan

Lux Industries board approved in principle a three way demerger plan on April 23 under family settlement agreement among promoter group Todi Family as per exchange filing.

The company will be split into three verticals namely Vertical A, Vertical B and Vertical C as part of restructuring approved earlier in November 2023 board meeting.

The promoter group family settlement agreement involved Todi Family, however Lux Industries itself was not a party to the agreement according to official disclosure.

Under the approved plan, Vertical A and Vertical C businesses will be demerged into separate resulting companies while Vertical B will continue under Lux Industries name.

Post demerger, Vertical B will be led by Pradip Kumar Todi or PKT Family member while Vertical A and C leadership will be assigned to other Todi family branches.

The company also approved incorporation of two wholly owned subsidiaries in West Bengal under ‘Lux’ name while effective demerger date will be announced later to shareholders.

Stock performance of Lux Industries for period of 1 week, 6 months, and 1 year

Lux Industries Ltd delivered a 1-week return of 17.6%, a 6-month return of 35.2%, and a 1-year return of 21.2%.

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Shareholding pattern of Lux Industries

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	74.20%	74.20%	74.20%
FII	0.70%	0.90%	1.00%
DII	5%	4.90%	4.90%
Public	20.30%	20.00%	20.00%

About Lux Industries

Lux Industries Ltd (NSE: LUXIND) manufactures and markets innerwear, thermals and casual wear in India, led by its flagship LUX brand with strong hosiery market presence.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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