Laxmi India Finance Limited has informed the Exchange regarding Resignation of Mr. Siddharth Modi as Other of the company w.e.f. October 14, 2025.
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Laxmi India Finance Limited has informed the stock exchange about the resignation of Mr. Siddharth Modi from his position designated as 'Other' (Key Managerial Personnel) at the company. The resignation takes effect from October 14, 2025. No reason for the resignation or replacement details were disclosed in the filing. The company has not indicated any governance issues or operational disruption arising from this change.
This is a routine key managerial personnel change and is unlikely to have a material impact on the company's operations or stock price, unless it signals deeper management churn. Shareholders should watch for any subsequent announcement regarding a replacement.