LE Lavoir Ltd — Updates, 01-07-2025: Company Update
01-07-2025 | 11:58 am
01-07-2025 | 11:58 am
Le Lavoir Limited has announced a strategic MoU to acquire a 51% stake in Shree Vrajendra Foods Private Limited, marking an expansion into the food industry. Shree Vrajendra Foods operates in manufacturing, trading, and retailing edible oil, food grains, and related products, including imports and exports. The acquisition will be completed through a share swap with Shree Vrajendra’s promoter, allowing Le Lavoir to diversify its business and tap into new market opportunities. This move aims to enhance growth by leveraging synergies in a fast-evolving sector and broadening the customer base. Completion is subject to shareholder and exchange approvals.
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