Resignation of Managing Director and CEO - Intimation under Reg 30 of SEBI LODR 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Babu Lal Jain (DIN: 02467622) has resigned as Managing Director and CEO of Likhami Consulting Limited, effective from the close of business hours on 30th September 2025. The reason cited is pre-occupation with other activities, and he confirmed there are no other material reasons for his departure. The Board is currently searching for a new MD and will update the stock exchanges once finalised. This is a routine leadership transition at a small Mumbai-based consulting company with limited public information on its operations.
Short-term uncertainty as the company searches for a new MD & CEO, but since the resignation is for personal reasons (not governance issues) and a replacement is being sought, the impact on shareholders is likely minimal. Investors should watch for the announcement of the new MD appointment.