LGBBROSLTDNSELG Balakrishnan & Bros Limited· Auto AncillariesHighNegative
Announced Sat, 2 May · 19:29 IST

LG Balakrishnan & Bros Limited has informed the Exchange about Resignation of Director/KMP/SMP

Management Changes View source PDF

LGBBROSLTD · price

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Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹1774.90
prior close
₹1691.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-2.0-1.7+0.5-4.8-4.1-3.3-4.6-3.9-7.8-12.9-13.0-10.6
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AI summary

Mr. Suresh Sivalingam has resigned from his position as Vice President - Strategic Business Development at LG Balakrishnan & Bros Limited, effective immediately. The resignation was submitted on January 11, 2026, with the last working date around January 31, 2026. The reason cited is pressing personal and family commitments, which made it difficult for him to continue managing his responsibilities. This is classified as a Senior Management Personnel (SMP) resignation under the company's regulatory filing. The company has been informed of this change and will need to address the vacancy in the Strategic Business Development function.

Likely market impact

This resignation represents a change in the senior leadership team. While the role is not at the board level, it may create a temporary gap in strategic planning capabilities. For shareholders, this is a routine management change unless the departure signals broader leadership instability.