Appointment of Statutory Auditor of the Company
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LE Lavoir's board, meeting on 29th July 2025, approved the appointment of M/s. Sunit M Chhatbar & Co., Chartered Accountants (FRN: 141068W), as the new Statutory Auditor for a 5-year term covering FY 2025-26 to FY 2029-30, filling a casual vacancy created by the resignation of the previous auditor. The board also re-appointed Mr. Sachin Vishnu Kapse as Managing Director effective 8th November 2025, subject to shareholder approval. The company will shift its registered office from Jamnagar to Rajkot (within Gujarat) and amend its MOA to expand into manufacturing machinery, industrial tools, and food products such as wheat flour (atta), edible oils, and snack items. The 44th Annual General Meeting is scheduled for 20th August 2025 via video conferencing.
The auditor change signals governance continuity following a prior resignation, and is a routine housekeeping matter. The MOA amendment indicates a significant business diversification from the current laundry operations into machinery manufacturing and packaged food, which could reshape the company's revenue profile but also raises execution risk. Shareholders should watch the AGM for approval of the MD re-appointment and the new auditor.