Lux Industries accepts resignation of VP-Marketing Surendra Kumar Bajaj
Lux Industries Ltd has accepted the resignation of Mr. Surendra Kumar Bajaj from the position of Vice President-Marketing effective July 06, 2026, due to personal reasons. The disclosure was made to stock exchanges on July 07, 2026, under Regulation 30 of the SEBI Listing Regulations. Mr. Bajaj served the company for approximately 12 years and expressed gratitude for the opportunities provided during his tenure.
*this image is generated using AI for illustrative purposes only.
Lux Industries Ltd has accepted the resignation of Mr. Surendra Kumar Bajaj from the position of Vice President-Marketing. The resignation is effective from the close of business hours on July 06, 2026, due to personal reasons. This change impacts the company's senior management personnel structure as defined under Regulation 16(1)(d) of the SEBI Listing Regulations.
The disclosure was made to the stock exchanges on July 07, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no other reasons for the resignation beyond those stated.
Mr. Surendra Kumar Bajaj served the organization for around 12 years. In his resignation communication, he expressed gratitude for the opportunities, guidance, and trust provided during his tenure, noting that his time at the firm was filled with learning and personal growth. He indicated his intention to ensure a smooth transition of responsibilities.
The following table details the specifics of the management change:
| Particulars | Details |
|---|---|
| Name | Mr. Surendra Kumar Bajaj |
| Designation | Vice President-Marketing, Senior Management Personnel |
| Reason for change | Resignation due to personal reasons |
| Date of cessation | July 06, 2026 |
The filing was signed by Smita Mishra, Company Secretary & Compliance Officer of Lux Industries Limited.
Historical Stock Returns for Lux Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.25% | +1.46% | +1.56% | +36.97% | -9.75% | -70.40% |
Who will be appointed to replace Mr. Bajaj, and how will this transition impact Lux Industries' marketing strategy?
Will the departure of the Vice President-Marketing lead to any shifts in the company's brand positioning or advertising spend?
How might this management change affect Lux Industries' competitive edge in the innerwear and apparel market?
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