LKP Securities announces the passing of Mr. Mahendra V Doshi, a Non-Executive Non-Independent Director and promoter.

Mr. Doshi held a significant stake, totaling 2,89,47,686 equity shares, representing 35.17% of the total holding.

This included 92,58,107 shares held directly and 1,96,89,579 shares through a partnership firm within the promoter group.

Following his demise, he will cease to be a part of the company's promoter or promoter group.

This development signifies a notable shift in the company's promoter structure and ownership dynamics.