Lykis Ltd — Important, 16-05-2026: Company Update

Lykis Limited announced the resignation of Mr. Amit Mallawat, a Non-Executive Independent Director. His departure is attributed to preoccupation and other professional commitments. The company confirmed that Mr. Mallawat stated there are no other material reasons for his resignation. This update signals a change in the company's board composition. Investors should note this routine director change, which the company has clarified stems from personal commitments. This ensures transparency regarding leadership transitions.