Resignation of Managing Director & CEO intimation Under Reg 30 of SEBI LODR 2015
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Mr. Babu Lal Jain (DIN: 02467622) has resigned as Managing Director and CEO of Likhami Consulting Ltd, effective from the close of business hours on 30th September 2025. The reason cited is pre-occupation with other activities, and he has confirmed there are no other material reasons for his departure. The Board has stated that it is currently in the process of selecting a new Managing Director and will inform the stock exchanges once finalised. The resignation letter has been enclosed with the intimation to BSE (Scrip Code: 539927) and Calcutta Stock Exchange (Scrip Code: 029378).
The sudden exit of the MD & CEO creates a leadership vacuum at the top, which may raise governance and continuity concerns among shareholders. Investors should watch for the announcement of a replacement, as the quality and timeline of the new appointment will be key to maintaining market confidence.