Please find attached intimation of change in Directorate of the Company.
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Awaiting price reaction for this filing.
Lotus Chocolate Company Ltd has announced two board changes effective February 27, 2026. Mr. Krishnakumar Thirumalai, a Non-Executive Non-Independent Director, resigned citing other pre-occupations in an amicable exit. In his place, the Board appointed Mr. Mohammed Rafathullah as an Additional Non-Executive Director, subject to shareholder approval at the next general meeting. Mr. Rafathullah brings over 30 years of experience across FMCG, Telecom, and IT sectors, with prior leadership roles at Gandour Chocolates, Dukes Biscuits, ACT Broadband, Bharti Teletech, Heinz India, and GlaxoSmithKline. His background is highly relevant to Lotus Chocolate's confectionery business. The filing confirms the new director is not related to any existing director and is not debarred by SEBI or any authority.
This is a routine like-for-like board reshuffle with no disruption. The incoming director's strong FMCG and chocolate industry experience is a positive signal for strategic direction, though the change is unlikely to materially move the stock in the short term.