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