Please find attached intimation of cessation of an SMP of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Kaushik Desai, Assistant General Manager-HR (Senior Management Personnel), has resigned from Lotus Chocolate Company Ltd. He submitted his resignation on March 09, 2026, citing a new opportunity outside the organization. The company accepted his resignation and relieved him from services effective May 08, 2026 (close of business hours). This disclosure is made under SEBI Listing Regulation 30. The resignation letter was signed by Mr. Kaushik Desai and addressed to the Whole Time Director.
The departure of the HR head represents a routine mid-level management change. It is unlikely to have any significant impact on stock price as SMPs are not classified as Key Managerial Personnel (KMP) under SEBI regulations.