LE Lavoir Ltd — Important, 09-10-2025: Company Update
09-10-2025 | 11:31 am
09-10-2025 | 11:31 am
Le Lavoir Limited has received in-principle approval from BSE to issue 18.84 lakh warrants, convertible into equity shares. These warrants will be allotted on a preferential basis to non-promoters. Each equity share resulting from conversion has a face value of Rs. 10, with the warrants priced at not less than Rs. 264.75 each. This initiative is a capital-raising step that could alter the company's shareholding structure and balance sheet upon full conversion, and shareholders should consider the potential for equity dilution.
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