Nature of the Event
Lykis Limited has disclosed the resignation of Mr. Rajesh Nambiar from his position as Non-Executive Independent Director of the company, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Details of Resignation
- Mr. Rajesh Nambiar (DIN: 09004586) submitted his resignation via letter dated May 28, 2026
- Resignation effective from May 28, 2026
- Reason for resignation: Pre-occupation and other professional commitments
- Date of cessation: May 28, 2026
Regulatory Compliance Details
- Disclosure made to BSE Limited (Scrip Code: 530689) on May 29, 2026
- Compliance with SEBI Circular No CIR/CFD/CMD/4/2015 dated September 9, 2015
- All required disclosures under Schedule III - Para A(7B) of Part A of Listing Regulations provided in Annexure A
- Disclosure uploaded on company website at www.lykis.com
Additional Confirmations
- Mr. Nambiar confirmed he holds no directorships in any other listed entities
- Mr. Nambiar provided confirmation that there are no material reasons for his resignation other than those mentioned in his resignation letter
- The company received this confirmation from Mr. Nambiar
Resignation Letter Contents
Mr. Nambiar's resignation letter stated:
- Inability to devote sufficient time to effectively discharge duties as Independent Director due to pre-occupation and professional commitments
- Resignation effective from May 28, 2026 (originally written as "1228 MAY 2026" but corrected to May 28, 2026 in context)
- No material reasons other than those mentioned
- Expression of gratitude to the Board of Directors for cooperation and support during his tenure
- Best wishes for the company's future growth and success
Financial and Operational Impact
No financial impact or operational consequences disclosed in the filing. The resignation appears to be a routine board composition change without immediate financial implications.