Lovable Lingerie Limited has announced the reconstitution of its Audit Committee, effective March 20, 2026, in accordance with regulatory compliance requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Approval and Implementation

The Board of Directors approved the reconstitution through Resolution by Circulation, which was duly passed on March 20, 2026. The new committee composition came into effect immediately on the same date, ensuring seamless transition in corporate governance oversight.

New Audit Committee Composition

The reconstituted Audit Committee comprises three key members with defined roles and responsibilities:

The committee structure maintains regulatory compliance by including independent directors in key positions, with Mr. Kangod Seetharamappa Kamalakara serving as Chairperson and Mr. Rajiv Kumar Mathur as an independent member.

Regulatory Compliance Framework

This reconstitution aligns with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally notified both the National Stock Exchange of India Limited and BSE Limited about these governance changes.

Corporate Governance Enhancement

The new composition strengthens the company's audit oversight capabilities through a balanced mix of independent and executive directors. Mr. Lattupalli Vinay Reddy, who serves as Managing Director with DIN 0020261, brings executive perspective to the committee's deliberations while maintaining the required independence through the other two members.

The reconstitution reflects Lovable Lingerie Limited's commitment to maintaining robust corporate governance standards and ensuring effective audit oversight in line with regulatory expectations.

Lovable lingerie Limited has announced the resignation of Mr. Vindamuri Giri Raj from his position as Executive Director, effective February 28, 2026. The company informed stock exchanges about this significant board change through formal regulatory filings in compliance with SEBI requirements.

Resignation Details

The resignation was formally communicated to both the National Stock Exchange of India and BSE Limited on February 28, 2026, in accordance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Compliance and Documentation

The company has fulfilled all disclosure requirements under SEBI regulations, providing comprehensive details as mandated by SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The resignation letter and supporting documentation were submitted as required annexures to the stock exchanges.

The regulatory filing included detailed information about the cessation, confirming that Mr. Vindamuri Giri Raj resigned due to personal reasons with effect from close of business hours on February 28, 2026.

Resignation Letter and Confirmation

In his formal resignation letter dated February 28, 2026, Mr. Vindamuri Giri Raj stated that his decision was made after careful consideration of personal commitments that now require his dedicated time and attention. He confirmed that there are no other material reasons for his resignation beyond those mentioned in his formal resignation letter.

The departing Executive Director expressed appreciation for the opportunity to serve on the board and contribute to the company's growth during his tenure. He acknowledged the privilege of working alongside dedicated colleagues and stakeholders throughout his service period and committed to extending full cooperation to ensure a smooth transition and proper handover of responsibilities.

Company Response and Management

The resignation was accepted by the board, with Managing Director L Vinay Reddy (DIN: 00202619) signing the regulatory filing through digital signature on February 28, 2026. The company has indicated that all necessary statutory and regulatory formalities will be completed in connection with this board change.

Lovable Lingerie Limited, with its registered office at A-46, Road No.2, Opp. IDBI Bank, M.I.D.C., Andheri (East), Mumbai - 400093, continues its operations in the lingerie manufacturing sector under CIN No: L17110MH1987PLC044835.