Announced Tue, 31 Mar · 16:58 IST

Lakshmi Finance & Industrial Corporation Limited has informed the Exchange regarding Resignation of Mr U VIJAYA KUMAR CFO as Chief Financial Officer of the company w.e.f. March 31, 2026.

Cfo ResignedKmp ResignedManagement Changes View source PDF

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+8.4%1-day move
₹112.50
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₹119.80
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AI summary

Lakshmi Finance & Industrial Corporation Limited has informed the stock exchange that Mr. U. Vijaya Kumar has resigned as Chief Financial Officer of the company, effective March 31, 2026. The resignation was tendered via a letter dated March 30, 2026, and the reason cited is superannuation (retirement). The company has confirmed there are no other material reasons behind the exit. The Managing Director, Harishchandra Prasad, signed the disclosure. No details of a successor have been mentioned in this filing.

Likely market impact

This is a routine, planned exit due to retirement and is unlikely to have any material impact on the stock or business operations. Investors may watch for a timely announcement regarding the appointment of a new CFO, as the position is a key managerial role required under SEBI regulations.