Outcome of Board Meeting 30.09.2025
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At a board meeting on September 30, 2025, Likhami Consulting Ltd accepted the resignations of three directors effective the same day — Mrs. Heena Banga Sharma (Non-Executive Independent Director), Mr. Sanjoy Kumar Singh (Non-Executive Director), and Mr. Babu Lal Jain (Managing Director & CEO). The board then appointed Mr. Rahul Anand Fulfagar as the new Managing Director & CEO for five years, along with Ms. Shagun Asthana as Non-Executive Director and Ms. Aashima Sehgal as Non-Executive Independent Director, all effective October 1, 2025. These new appointments require shareholder approval, for which a postal ballot has been scheduled with e-voting from October 14 to November 12, 2025. The board and all its committees have been reconstituted effective October 1, 2025.
This is a significant top-level leadership change, including the replacement of the MD & CEO in a single day. While short-term governance continuity may be uncertain, the company has filled all key positions and shareholder approval will validate the new board through the postal ballot process.