EVENTS Ground Breaking Ceremony The Bhoomi Poojan & Ground Breaking Ceremony of a new Greenfield Plant of Lumax Industries Limited at Chakan, Pune, Maharashtra was held in December 2022. The approximate capital outlay of the project is Rs 175 crores with peak revenues for the investment to be around Rs 600 crores. The phase 1 of the project is scheduled to be commissioned by Q2FY24.