Lancor Holdings Limited has informed the Exchange regarding Resignation of Mr. V.Babuji,Vice President-Project ( Senior Managerial Personnel ) of the company w.e.f. Jun 30, 2025.
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Lancor Holdings Limited has informed the stock exchanges about the resignation of Mr. V. Babuji from the post of Vice President – Projects, a Senior Managerial Personnel role, effective from the close of business hours on 30th June, 2025. The resignation was tendered due to personal reasons, with no other material reasons cited. The management approved the resignation on 2nd July, 2025, and the company has disclosed this under SEBI Listing Regulations. This is a follow-up intimation to the one filed on 2nd July, 2025, with the full details now attached.
This is a mid-level senior management exit driven by personal reasons and does not signal any governance or operational concern. Retail investors need not be alarmed, though they may want to track whether the Projects leadership vacancy is filled promptly given its operational importance.