Sugs Lloyd Limited Announces Resignation of Senior Management Personnel

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Key Highlights

Sugs Lloyd Limited announced the resignation of Mr. Akhilesh Kumar Anand, General Manager-Business Development and Senior Management Personnel, effective January 10, 2026. The resignation was submitted on January 09, 2026, citing personal commitments and pursuit of other interests. The company confirmed no other material reasons for the departure and emphasized that the change does not reflect any concerns about company performance or operations.

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Sugs Lloyd Limited has announced the resignation of a senior management personnel, effective January 10, 2026. The company informed the stock exchanges about this corporate development in compliance with regulatory requirements.

Senior Management Personnel Departure

Mr. Akhilesh Kumar Anand, who served as General Manager-Business Development and was designated as Senior Management Personnel (SMP) of the company, has tendered his resignation effective from the close of business hours on January 10, 2026. The resignation letter was submitted on January 09, 2026.

Parameter: Details
Position: General Manager-Business Development
Designation: Senior Management Personnel (SMP)
Resignation Date: January 09, 2026
Effective Date: January 10, 2026 (close of business hours)
Reason: Personal commitments and to pursue other interests

Regulatory Compliance and Disclosure

The announcement was made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the regulatory framework, including SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Sugs Lloyd Limited has confirmed that there are no other material reasons for Mr. Anand's departure from the Senior Management Personnel position. The company emphasized that this change does not reflect any concerns or issues relating to the company's performance, conduct, or operations.

Corporate Communication

The formal intimation was signed by Nimmy Singh Chauhan, Company Secretary and Compliance Officer, and submitted to the Listing Operation Department of BSE Limited. The company has enclosed the original resignation letter as part of the regulatory filing to ensure complete transparency.

In his resignation letter, Mr. Anand expressed appreciation for the support and opportunities received during his tenure at Sugs Lloyd Limited, describing his experience as valuable and enriching while acknowledging the opportunity to contribute to the organization's growth and success.

Historical Stock Returns for Sugs Lloyd

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