Lotus Chocolate Company Ltd — Important, 27-02-2026: Company Update

Lotus Chocolate Company has announced changes to its Board of Directors. Mr. Krishnakumar Thirumalai, a Non-Executive Non-Independent Director, has resigned. Simultaneously, the Board, acting on the Nomination and Remuneration Committee's suggestion, approved the appointment of Mr. Mohammed Rafathullah as an Additional Non-Executive Director. His appointment is subject to shareholder approval. Mr. Rafathullah brings over three decades of leadership experience across FMCG, Telecom, IT, and ISP sectors, with prior roles at Gandour Chocolates, Dukes Biscuits, and GlaxoSmithKline, offering valuable expertise to the company's governance and strategy.