Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby submit the disclosure towards the resignation received from Mr. Dhaval Soni, Independent Director of the Company.
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Mr. Dhaval Soni has resigned as Non-Executive Independent Director of Lactose India Limited with immediate effect from 07th October 2025. He cited personal reasons and stated he found it difficult to fulfil the requirements of his position on the Board. The Company confirmed there are no other material reasons for his resignation beyond what was stated in his resignation letter. His other listed directorship is at Photoquip (India) Ltd, where he serves as Managing Director.
This is a routine board-level change with no governance red flags. A vacancy will arise on the Board which the company will need to fill within the timelines prescribed under SEBI LODR and the Companies Act. Minimal direct impact on stock price is expected.