LCC Infotech Limited has informed the Exchange regarding Cessation of Mr Pratik Lakhotia as WTD and CFO of the company w.e.f. Jun 25, 2025.
LCCINFOTEC · price
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The Board of Directors of LCC Infotech Limited, at its meeting held on June 25, 2025, accepted the resignation of Mr. Pratik Lakhotia (DIN: 00057015) from the positions of Whole Time Director (WTD) and Chief Financial Officer (CFO) of the company, effective June 25, 2025. The board meeting commenced at 11:00 AM and concluded at 12:00 PM. The announcement was signed by Sidharth Lakhotia, who continues as Director, WTD & CEO. No specific reason for the resignation or future plans for a replacement were disclosed in the filing.
The sudden exit of the CFO, a key managerial position, may raise short-term governance concerns among investors. The market may view this negatively until a replacement is announced, especially given that the resigning director shares the Lakhotia surname with the remaining WTD & CEO, suggesting a possible family-led transition that warrants further clarity.