Param Capital no longer appears on Lumax Industries Limited's disclosed shareholder list, following its last reported 1.34 percent stake, indicating either a complete sale or a reduction below the 1 percent disclosure threshold.
A leading manufacturer of automotive lighting and electrical components for India's vehicle industry, Lumax Industries operates through multiple manufacturing facilities across several states. Founded in 1945 as a trading company, it has evolved into a specialized producer of lighting solutions and automotive parts. The company is supported by technical collaboration with a Japanese partner and serves major Indian automakers with innovative lighting and electrical components.
Family office and investment vehicle of Mukul Agrawal, founded in 1993. Mukul's disclosed listed equity book stood at ~Rs 6,604 cr across 73 stocks as of Q3 FY26, with healthcare and pharma the largest sector concentration: Neuland Labs, Zota Health Care, Onesource Specialty Pharma, Dishman Carbogen Amcis, Strides Pharma. Param Capital is the entity behind his bulk-deal activity in small and midcaps.
