We hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., Thursday, 26th March, 2026, at the registered office of the Company situated at 1st Floor, ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
LE Lavoir Ltd's board, at its meeting on 26th March 2026, approved the receipt of the 4th tranche of consideration for convertible warrants issued on a preferential basis to non-promoter allottees. The warrants were priced at Rs. 264.75 each, comprising Rs. 254.75 premium and Rs. 10 face value. The company received Rs. 1,22,31,450 (about Rs. 1.22 crore) in this tranche from Mrs. Kajal Ashok Jain (Rs. 71,48,250) and Ms. Viha Ashok Jain (Rs. 50,83,200). In total, 3,90,000 warrants were allotted across four tranches, with cumulative consideration of Rs. 4,30,48,350. This follows earlier board approvals dated 15th October 2025 and 21st October 2025.
The receipt of the 4th tranche reflects successful completion of the warrant allotment process, bringing in additional capital from non-promoter investors. Shareholders should note potential equity dilution if the warrants are eventually converted into shares.