Lancor Holdings Limited has informed the Exchange regarding Resignation of Mr. V. Babuji , VP (Senior Management Personnel) as Other of the company w.e.f. May 30, 2025.
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Lancor Holdings Limited has informed the stock exchanges that Mr. V. Babuji, Vice President – Projects and a Senior Management Personnel (SMP/KMP), has resigned from the company with effect from the close of business hours on June 30, 2025. The resignation is due to personal reasons, and no other material reasons were cited. The intimation was made under Regulation 30 of SEBI LODR, 2015, signed by the Company Secretary & Compliance Officer. The resignation letter from Mr. Babuji was addressed to the Managing Director, Mr. R V Shekar.
This is a routine senior-level exit citing personal reasons with no governance red flags. Investors should monitor whether the company announces a replacement, but the immediate impact on the stock is expected to be minimal.