Lorenzini Apparels Limited — Important, 17-04-2025: Updates

The Directorate of Enforcement (ED) conducted a search at the registered office of Lorenzini Apparels Limited on April 16, 2025. The company has cooperated fully with the authorities, providing the necessary information during the search. Importantly, no incriminating documents were seized. The company expressed that it had no prior notice or expectation regarding these searches. Operations are progressing normally, with no anticipated disruption to business activities. Investors should monitor this situation closely, as while there appears to be no immediate concern, any developments in this matter could influence the company's market perception and operational stability.