Resignation of Assistant Vice President- Human Resource (Senior Management Personnel)
LAXMIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Kshitij Agarwal, Assistant Vice President - Human Resource, has tendered his resignation from Laxmi India Finance Ltd due to personal reasons. The resignation becomes effective from the close of business hours on May 02, 2026. He was classified as Senior Management Personnel, which qualifies as a Key Managerial Personnel (KMP) under SEBI regulations. The company has made this disclosure pursuant to Regulation 30 of the SEBI LODR Regulations. A copy of the resignation letter has been enclosed with the filing. The company secretary Sourabh Mishra signed and submitted the disclosure to both BSE and NSE.
This is a senior management-level departure affecting the company's HR leadership. While the reason cited is personal, shareholders should note the loss of a designated KMP, which may have near-term governance and operational implications for the stock.