LE Lavoir Ltd — Important, 15-10-2025: Company Update
15-10-2025 | 04:06 pm
15-10-2025 | 04:06 pm
Le Lavoir Limited's board has approved the allotment of 12.66 lakh convertible warrants on a preferential basis to non-promoter investors. Each warrant, priced at Rs. 264.75, can be converted into one equity share within 18 months, with 25% upfront payment and the remaining 75% upon conversion. This initial allotment brings in approximately Rs. 8.38 Cr to the company, providing capital for future growth and operations. This move signals a strategic capital raise from non-promoter entities.
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