LCC Infotech Limited has informed the Exchange regarding Appointment of Shreeram Bagla as additional Director of the company w.e.f. Jun 20, 2025.
LCCINFOTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LCC Infotech Limited has informed the stock exchanges that its Board of Directors, at a meeting held on June 20, 2025, approved the appointment of Mr. Shreeram Bagla (DIN: 01895499) as an Additional Director of the company, and subsequently as Managing Director. Mr. Bagla, aged 48, is a promoter and Managing Director of Annapurna Swadisht Limited and brings over a decade of experience in the snacks industry, with additional knowledge in banking, finance, real estate, and education. He holds a Bachelor's degree in Economics from Calcutta University and is not related to any existing director of the company. His appointment as Managing Director is for a period of five years, subject to shareholder approval at the ensuing General Meeting.
This leadership change brings in an external professional with a track record in FMCG/food (snacks) and finance sectors, potentially signalling a strategic pivot or operational overhaul. Shareholders should watch for clarity on the company's future direction, especially since the current WTD & CEO (Sidharth Lakhotia) and the newly appointed Managing Director role may overlap.