LCC Infotech Limited has informed the Exchange regarding Cessation of Mrs KIRTI LAKHOTIA as Managing Director of the company w.e.f. Jun 23, 2025.

CEO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

LCCINFOTEC · price

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AI summary

LCC Infotech Limited has informed the stock exchanges that the Board of Directors accepted the resignation of Mrs. Kirti Lakhotia (DIN: 00057357) as Managing Director of the company with effect from June 23, 2025. The decision was taken at the Board meeting held on the same day, which ran from 11 AM to 12 PM. The disclosure was made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements. The announcement is signed by Sidharth Lakhotia, Director, Wholetime Director & CEO, indicating he remains in a leadership role at the company.

Likely market impact

This is a key managerial personnel change at a small-cap company. Shareholders should watch for clarity on succession plans and whether new leadership will be appointed soon. The presence of Sidharth Lakhotia as WTD & CEO suggests continuity in the promoter family's control, but sudden MD exits can sometimes raise governance questions.