LAXMIINDIANSELaxmi India Finance LimitedHighNegative
Announced Sat, 2 May · 18:58 IST

Laxmi India Finance Limited has informed the Exchange regarding Resignation of Mr. Kshitij Agarwal, Assistant Vice President - Human Resource (Senior Management Personnel) of the company w.e.f. May 02, 2026.

Kmp ResignedManagement Changes View source PDF

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+1.6%1-day move
₹112.00
prior close
₹112.50
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AI summary

Mr. Kshitij Agarwal, Assistant Vice President - Human Resource and designated as Senior Management Personnel (KMP), has tendered his resignation from Laxmi India Finance Limited effective close of business hours on May 02, 2026. The resignation is stated to be due to personal reasons. The company has made this disclosure under Regulation 30 of SEBI LODR Regulations. The resignation letter has been submitted and the details along with the resignation letter are enclosed with the filing to the stock exchanges.

Likely market impact

The departure of a senior HR executive may have limited short-term impact on stock price but represents a management change at the KMP level. Investors may monitor for replacement hiring and any further departures.