Announced Wed, 1 Apr · 12:07 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

LFIC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+8.4%1-day move
₹112.50
prior close
₹117.40
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AI summary

Mr. U. Vijaya Kumar has resigned from the position of Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Lakshmi Finance & Industrial Corporation Limited. The resignation is due to superannuation (retirement) and is effective from the close of business hours on March 31, 2026. He had served the company for an illustrious tenure of 28 years. The board has placed on record their deep gratitude for his invaluable contributions and meaningful role in the company's sustained growth and stability.

Likely market impact

The departure of a long-serving CFO represents a significant change in the company's senior leadership. Shareholders should monitor the appointment of a successor CFO, as this transition could have near-term implications for stock sentiment.