Lippi Systems Limited has closed its trading window for dealing in the company's securities starting October 1, 2026. The closure will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter and half-year ended September 30, 2026.

This measure applies to promoters, members of the promoter group, directors, key managerial personnel (KMPs), insiders, designated persons, connected persons, and their immediate relatives. The company advised all relevant individuals to refrain from entering into any transactions involving Lippi Systems securities during this period.

Regulatory Compliance and Timeline

The closure is implemented pursuant to Clause 4(2) of Schedule B read with Regulation 9 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. It also aligns with SEBI Circular No. SEBI/HO/ISD/ISD-SEC-4/P/CIR/2022/107 dated August 5, 2022, and SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023.

The company stated that the date of the Board Meeting to consider and approve the financial results will be announced in due course. The filing was signed by Jagdish Dholu, Managing Director, on September 24, 2026.

Lippi Systems has accepted the resignation of its Chief Financial Officer and Company Secretary & Compliance Officer. Both officials cease to hold their positions with effect from the close of business hours on September 21, 2026.

The departures follow the completion of an open offer and a consequent change in control and management of the company. The resignations are intended to facilitate a smooth transition and handover of responsibilities to the new management.

Key Personnel Changes

The company disclosed the exits under Regulation 30(6) read with Para A(7) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Both officials confirmed that there were no material reasons for their resignation other than the change in control. They further stated that their resignations were not due to any dispute or disagreement with the board of directors or the management of the company.

Regulatory Disclosures

The disclosures were made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Jagdish Shivji Dholu, Managing Director, signed the intimation letter addressed to BSE Limited.

The company stated it will take necessary steps for the appointment of suitable persons to the aforementioned positions. Requisite statutory and regulatory formalities, including filings with the Registrar of Companies and stock exchanges, will be completed as applicable.