Lotus Chocolate Company Limited CFO S Gautham Resigns Effective May 13, 2026

Lotus Chocolate Company Limited has announced the resignation of Mr. S Gautham from his role as Chief Financial Officer and Key Managerial Personnel of the company, effective close of business hours on May 13, 2026. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CFO Resignation Details

Mr. S Gautham submitted his resignation letter to the Board of Directors on May 01, 2026, formally tendering his exit from the position of CFO and KMP. The company reviewed and accepted the resignation, relieving him from his duties effective May 13, 2026. The following table summarises the key details of the development:

Parameter:	Details
Name:	S Gautham
Designation:	Chief Financial Officer (Key Managerial Personnel)
Date of Resignation Submission:	May 01, 2026
Effective Date of Relieving:	Close of business hours, May 13, 2026
Reason:	Personal career considerations; intent to explore opportunities outside the company
Disclosure Regulation:	Regulation 30, SEBI (LODR) Regulations, 2015

Reason for Departure

In his resignation letter addressed to the Board of Directors, Mr. Gautham stated that his decision was based on personal career considerations, including his intention to explore opportunities outside the company. He also conveyed his gratitude to the Board of Directors and the management for their support and cooperation extended during his tenure as Chief Financial Officer.

Regulatory Disclosure

The intimation was filed by Utsav Saini, Company Secretary and Compliance Officer of Lotus Chocolate Company Limited, on May 13, 2026. The filing was addressed to BSE Limited and included a copy of the resignation letter submitted by Mr. S Gautham as an enclosure. The company is headquartered at Pranava One, 6th Floor, 6-5-654, Punjagutta Road, Raj Bhavan Quarters Colony, Somajiguda, Hyderabad, Telangana – 500082.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.78%	-5.52%	-10.52%	-24.84%	-28.73%	+3,663.56%

Lotus Chocolate Company Limited has informed the stock exchange of the resignation of Mr. Kaushik Desai, Assistant General Manager-HR, classified as a Senior Management Personnel, effective close of business hours on May 08, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Resignation

The following table summarises the key details pertaining to this personnel change:

Parameter:	Details
Name:	Mr. Kaushik Desai
Designation:	Assistant General Manager – HR
Classification:	Senior Management Personnel
Date of Resignation Submission:	March 09, 2026
Effective Date of Relieving:	May 08, 2026
Reason for Resignation:	To pursue a new opportunity outside the organisation
Regulatory Disclosure:	Regulation 30, SEBI (LODR) Regulations, 2015

Background and Disclosure

Mr. Kaushik Desai had submitted his resignation letter on March 09, 2026, addressed to Mr. Natarajan Venkataraman, Whole Time Director of Lotus Chocolate Company Limited. In his resignation letter, Mr. Desai requested to be relieved from his duties effective the closing business hours of May 08, 2026, citing his intent to move forward with a new opportunity outside the organisation. He also acknowledged the support and opportunities provided to him during his tenure with the company.

The company accepted his resignation and formally relieved him from service with effect from the close of business hours on May 08, 2026. The disclosure to BSE Limited was made by Utsav Saini, Company Secretary and Compliance Officer, on behalf of Lotus Chocolate Company Limited, along with an enclosure of the resignation letter submitted by Mr. Kaushik Desai.