
Management Change21 Sept 2026, 05:40 pm
Lippi Systems CFO & CS Resign Post Open Offer
AI Summary
Lippi Systems Ltd has announced the resignation of its Chief Financial Officer, Mr. Gopalkrishna D. Sharma, and Company Secretary & Compliance Officer, Mr. Darshan Bipinchandra Shah. Both resignations are effective from the close of business hours on September 21, 2026. The officials tendered their resignations following the completion of an Open Offer and the consequent change in control and management of the Company. This move is intended to facilitate a smooth transition and handover of responsibilities to the new management. The company will initiate steps to appoint suitable replacements for these key managerial positions and will make the necessary disclosures.
Key Highlights
- Lippi Systems' CFO and Company Secretary have resigned.
- Resignations are effective from September 21, 2026.
- Reason cited is completion of an Open Offer and change in control.
- Aims to facilitate smooth transition to new management.
- Company will appoint new Key Managerial Personnel.
Price Impact
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