Pursuant to Regulation 3(3) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, please find enclosed herewith duly executed amended trust deed w.r.t change in one of the Trustees of Dr. Lal PathLabs Employee Welfare Trust.
LALPATHLAB · price
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Dr. Lal PathLabs has filed an amended trust deed for its Employee Welfare Trust (ESOP Trust) due to a change in one of its trustees. Ms. Shalini Kumar is set to superannuate (retire) from the company on June 30, 2025, and consequently steps down as trustee. Mr. Manoj Kumar Garg, the company's Group Chief Human Resources Officer, has been appointed as the new trustee effective June 1, 2025, following board approval on April 25, 2025. After this change, the trust will have three trustees: Mr. Munender Soperna, Dr. Reena Nakra, and Mr. Manoj Kumar Garg. The filing has been made under SEBI's Share Based Employee Benefits and Sweat Equity Regulations, 2021.
This is a routine administrative and compliance filing with no direct impact on shareholders or stock price. The trustee change is a normal governance matter linked to an internal personnel transition and does not affect the company's financials, business operations, or ESOP plan terms.