Lux Industries Limited has informed the Exchange about change in Management
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Lux Industries has informed the exchanges that Mr. Prateek Agarwal, General Manager – IT and New Initiatives, has resigned from the company. His resignation takes effect from the close of business hours on July 9, 2025. He is classified as a Senior Management Personnel under SEBI Listing Regulations. He has stepped down to explore new opportunities outside the organisation, and the company has stated there is no other reason for his exit. The company has provided the required disclosure under Regulation 30 along with his resignation letter.
This is a routine senior-level IT and new initiatives departure and is unlikely to materially impact the stock. Shareholders should watch for any successor announcement, particularly around the company's digital and new business initiatives.