Resignation of Chief Financial Officer

Sanathnagar Enterprises Ltd announced a change at the Chief Financial Officer position on January 19, 2026. Mr. Vikash Mundhra resigned as CFO and Key Managerial Personnel citing personal reasons and pre-occupations, effective from the close of business hours on January 19, 2026. The Board simultaneously approved the appointment of Mr. Sandeep Lakhotia as the new CFO and KMP, effective January 20, 2026. Mr. Lakhotia is a 41-year-old Chartered Accountant with over 15 years of experience across finance, treasury, M&A, and commercial operations, and has been associated with the Lodha Group since August 2024. The transition is seamless, with no gap between the outgoing and incoming CFO, and the appointment was made on the recommendation of the Nomination and Remuneration Committee and Audit Committee.