Lux Industries Limited announced that Mr. Ajay Kumar Patodia has resigned due to his personal reasons and is going to be relieved from his responsibilities as Key Managerial Personnel (KMP) of the Company with effect from closing on business hours on 12th February, 2021. The company also announced the appointment of Mr. Saurabh Kumar Bhudolia as Key Managerial Personnel (KMP). Mr. Saurabh Kumar Bhudolia is a Member of Institute of Chartered Accountants of India, and has extensive experience of more than 15 years in corporate finance, accounting, business partnering, investor relations, financial planning & analysis, fundraising, strategic planning, audit, and risk management. Prior to joining Lux Industries Limited, he was associated with Future Lifestyle Fashions Limited, (Mumbai) as Chief Financial Officer where he has been instrumental in the growth path for business thru strong business and financial model well supported by operational excellency.