Outcome and Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
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LE Lavoir's board, meeting on 29th July 2025, approved multiple items. A new auditor, M/s. Sunit M Chhatbar & Co. (Rajkot, FRN: 141068W), was appointed to fill a casual vacancy caused by the resignation of the previous auditor, for a 5-year term from FY2025-26 to FY2029-30. Mr. Sachin Vishnu Kapse (DIN: 08443704) was re-appointed as Managing Director effective 8th November 2025, subject to shareholder approval. The registered office will be shifted from Jamnagar to Rajkot within Gujarat. The company also amended its Main Object Clause to expand into machinery manufacturing (including laundry machinery) and food products like wheat flour, edible oils, and snacks — a notable diversification from its current laundry business. The 44th AGM is scheduled for 20th August 2025 via video conferencing.
The mid-term auditor resignation is a governance signal investors should watch closely, though the new auditor is a peer-reviewed firm. The proposed business expansion into food products and machinery manufacturing marks a major strategic pivot away from laundry services, which could reshape the company's future revenue mix but also introduces execution risk.