Lux industries, previously known as Biswanath Hosiery Mills, is an Indian underwear company headquartered in Kolkata, West Bengal, India.
[citation needed] Lux Industries was set up as the Biswanath Hosiery Mills in 1957 by the late Girdharilalji Todi.
The following year saw the company launch their export operations and quickly established a strong presence overseas, with offices in the Middle East, Europe, and Africa.
This was followed in short order by the establishment of over 500,000 retail outlets all over India, and has offices in Kolkata, Delhi, Agra, Indore, Mumbai, Ludhiana, Jaipur, and Roorkee.
[1] Capital markets regulator Sebi on Monday barred 14 entities for indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter of Lux Industries Ltd. Those banned by Sebi include Udit Todi, the son of the managing director of Lux, and is currently holding the post of executive director in the company, according to an interim order.