Jagan lamps Limited has announced the resignation of its Internal Auditor, Mr. Surendra Parsad, effective January 28, 2026. The company informed BSE Limited about this corporate development through an official communication dated February 28, 2026, in compliance with SEBI regulations.

Resignation Details

The resignation was formalized through Mr. Parsad's letter dated January 28, 2026, addressed to the Board of Directors. According to the disclosure, the Internal Auditor cited personal reasons to pursue another opportunity as the basis for his decision to step down from the position.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement also references compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Managing Director Ashish Aggarwal digitally signed the official communication to BSE, confirming that there are no other material reasons for the resignation beyond those stated in the formal disclosure. The resignation letter was included as an enclosure with the regulatory filing.

Company Information

Jagan Lamps Limited operates from Narela Piao Manihari Road, Kundli, District Sonipat, Haryana. The company trades on BSE under script code 530711 and maintains its corporate identification number as L31501HR1993PLC033993. The organization specializes in lighting solutions and automotive bulb manufacturing.

Jagan Lamps Limited , a company known for its auto bulbs business, has announced a strategic expansion of its product portfolio. The company has launched a new range of auto spare parts and accessories, effective from November 19, 2025. This move marks a significant step in the company's growth strategy and diversification efforts.

Product Expansion Details

The new product line will complement Jagan Lamps' existing auto bulbs business. Here's a breakdown of the key aspects of this expansion:

Strategic Rationale

The company's decision to diversify its product offerings is part of a broader initiative to strengthen its position in the automotive components market. By introducing spare parts and accessories, Jagan Lamps aims to:

1. Cater to evolving customer requirements
2. Expand its market presence
3. Create additional revenue streams

Implementation and Outlook

Jagan Lamps has stated that the new product range will be launched in a phased manner through its existing distribution channels, both in India and overseas. The company expects a progressive scaling of these new offerings in line with market demand.

It's important to note that this expansion does not affect Jagan Lamps' existing operations. The new product line aligns with the company's core business activities and is designed to complement its established auto bulbs business.

While the company anticipates a positive impact on revenues in the medium to long term, the actual financial implications of this expansion will likely become clearer in the coming quarters as the new products gain traction in the market.

As Jagan Lamps ventures into this new product category, market observers will be keen to see how effectively the company leverages its existing distribution network and brand presence to establish itself in the competitive auto spare parts and accessories segment.