Lords Mark Industries Limited (formerly known as Lords Mark India Limited and Kratos Energy Infrastructure Limited) has provided an update on the implementation of its NCLT approved Resolution Plan. The company disclosed that BSE Limited has partially complied with the tribunal's directions while the company has completed all internal compliance requirements.

BSE Compliance Status

BSE Limited has partially complied with the directions contained in the NCLT Order regarding several key aspects of the Resolution Plan implementation. The exchange has addressed requirements related to the reduction of public shareholding, extinguishment of erstwhile promoter shareholding, and change of company name as envisaged under the approved Resolution Plan.

Company's Internal Compliance

Lords Mark Industries Limited confirmed that it has completed all compliance requirements that needed to be undertaken internally. These include corporate actions, statutory filings, implementation of the Resolution Plan, and fulfillment of conditions as prescribed under the NCLT Order and applicable laws.

The company has submitted all requisite documents, applications and clarifications required by BSE Limited in connection with the Resolution Plan implementation. Management stated that the company has fully discharged its obligations and responsibilities under the NCLT approved Resolution Plan.

Pending Approvals

The company is awaiting final order, confirmation and updation on the BSE website regarding the aforementioned compliances and listing-related approvals from BSE Limited. Lords Mark Industries has committed to keep the exchange duly informed of any further developments as and when the final order or approval is received and hosted on the BSE website.

This update represents a continuation of the company's earlier intimation dated November 28, 2025, submitted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the completion of Reverse Merger and implementation of the Resolution Plan approved by the National Company Law Tribunal, Mumbai Bench.

Icon Facilitators Limited has announced the resignation of its Chief Financial Officer, Mr. Tarun Sharma, effective December 15, 2025. The company informed BSE Limited about this key management change through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Tarun Sharma, who holds ICAI membership number 426523, submitted his resignation letter on December 15, 2025, citing personal reasons for his departure. The resignation has been accepted by the company and he has been relieved from his services with immediate effect.

Company's Acknowledgment

Icon Facilitators Limited has placed on record its sincere appreciation for the diligent and dedicated services provided by Mr. Tarun Sharma throughout his tenure as Chief Financial Officer. The company acknowledged his contributions during his service period in the official communication to the stock exchange.

Regulatory Compliance

The company has fulfilled all necessary regulatory requirements following the resignation. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has also indicated that necessary forms will be submitted with the office of the Registrar of Companies, Delhi, to complete the formal process.

About the Position

As Chief Financial Officer, Mr. Sharma held the position of Key Managerial Personnel within Icon Facilitators Limited. The CFO role is crucial for the company's financial management and regulatory compliance requirements. The company will need to appoint a successor to fill this important position in due course.