LE Lavoir Ltd

Cessation of Directors

• Amit Kumar Bera, Non-Executive Director, ceased 29 Sept 2026 due to AGM non-approval; G V Films Limited.
• Samrat Mondal, Non-Executive Director, ceased 29 Sept 2026 due to AGM non-approval; G V Limited.

LE Lavoir Ltd trading-window closure

AGM details

• AGM held on 29 September 2026 at 04:06 PM via VC/OAVM
• Chairman presided and delivered opening remarks

Key resolutions

• Ordinary: adopt standalone and consolidated financial statements for FY2026
• Ordinary: appointment/re-appointment of director retiring by rotation
• Special: regularize Himanshu Keshubhai Togadiya as Non-Executive Independent Director
• Special: regularize Amit Kumar Bera as Non-Executive Independent Director

Bengaluru laundry facility lease

• Entered into a lease dated 24 September 2026 for approx. 2,400 sq ft in Bengaluru.
• Lease term of five years commencing 1 October 2026.
• Premises will house a laundry processing facility with office and warehousing.
• Strategic aim to strengthen Bengaluru operations and support future growth.
• No financial terms disclosed in the filing.
• Site address: Site No. 12, 2nd Block, Anjanapura Layout, Bengaluru.
• Lease term supports ongoing expansion of the company’s laundry and allied services.
• Effective operations start date is 1 October 2026.

AGM addendum and schedule

• Addendum to AGM notice adds Agenda Items 8–10.
• AGM date and mode: 29 September 2026, 04:00 PM, VC/OAVM.
• Notice circulated 2 September 2026; addendum dated 22 September 2026.

Independent director appointments

• Regularization of Manish Shrichand Bachani as Non-Executive Independent Director for 22 Sep 2026 to 21 Sep 2031.
• Regularization of Parin Shirishkumar Bhavsar as Independent Director for 22 Sep 2026 to 21 Sep 2031.
• Not liable to retire by rotation; term five years.

Material Related Party Transactions with Grace Marketing

• Approval sought for material related party transactions with Grace Marketing up to Rs 3.00 crore.
• Transactions cover sale, purchase, services, property, leasing, agency, and office appointments.
• Materiality threshold: 10% of last year's turnover (Rs 0.66 crore).
• Last year turnover Rs 6.64 crore; proposed limit aligns with norms.
• Shareholders to approve via Ordinary Resolution.
• Proposed RPT value may exceed threshold during FY2026-27.
• Grace Marketing is related party through Swaroop Dylon's shared control.
• Turnover representation: 45.18% of annual consolidated turnover.

Director appointments and committee changes

• Manish Bachani appointed as Additional Non-Executive and Independent Director, 22 Sep 2026; 5-year term; Profile: B.Com, Marketing/Operations.
• Parin Bhavsar appointed as Additional Non-Executive and Independent Director, 22 Sep 2026; 5-year term; Profile: Company Secretary.
• Audit Committee reconstituted: Togadiya (Chair), Bhavsar (Member), Jain (Member) w.e.f. 22 Sep 2026.
• NRC reconstituted: Togadiya (Chair), Bhavsar (Member), Jain (Member) w.e.f. 22 Sep 2026.
• SRC reconstituted: Togadiya (Chair), Bhavsar (Member), Jain (Member) w.e.f. 22 Sep 2026.
• Material Related Party Transactions with Grace Marketing approved by Audit Committee, subject to AGM.
• Addendum to AGM Notice includes regularizing appointments of Bachani and Bhavsar and Grace Marketing RPT approvals.

Book Closure Details

• Book closure for equity from 22 September 2026 to 29 September 2026 (inclusive).
• Purpose: Annual General Meeting.
• Cut-off dates: 28 August 2026 and 22 September 2026 determine notice and entitlement.
• Security type: Equity shares.

Financial highlights

• Standalone revenue from operations Rs 199.54 Lakh.
• Standalone PAT Rs 165.94 Lakh.
• Standalone EPS Rs 5.10 per share.
• Consolidated revenue Rs 664.47 Lakh.
• Consolidated PAT Rs 223.69 Lakh.
• Consolidated EPS Rs 6.88 per share.

Capital structure

• Authorized share capital Rs 10.50 crore.
• Paid-up equity Rs 3.468 crore (34.68 lakh shares).
• Convertible warrants issued: 12,66,000 in Oct 2025.
• Converted: 2,28,000 warrants to equity on Mar 30, 2026.
• No dividend proposed for FY2025-26.

Governance & board changes

• Keya Bhattacharya resigned as Independent Director (May 9, 2026).
• Swaroop Dylon appointed Whole-time Director from Sep 2, 2026; upto Rs 2 Lakh/month.
• Himanshu Togadiya appointed Independent Director (Nov 17, 2025) for 5 years.
• Amit Kumar Bera appointed Independent Director (Apr 2, 2026) for 5 years.
• Samrat Mondal appointed Independent Director (Apr 2, 2026) for 5 years.
• Hardika Ladha appointed Independent Director (Aug 7, 2026) for 5 years.
• Sachin Kapse resigned as Managing Director (Aug 30, 2026).

Audits & governance compliance

• Statutory auditors changed to M/s Sunit M Chhatbar & Co; unmodified audit.
• Secretarial audit: MR-3; minor non-compliance on Large Corporate disclosures.
• Internal audit: Harshil Shah appointed for FY2025-26.
• Board and committees evaluated for governance effectiveness.

Subsidiaries & related parties

• Subsidiaries: Ghantiram Foods Pvt Ltd; Shree Vrajendra Foods Pvt Ltd; Tech Riser Pvt Ltd.
• Inter-company loans to subsidiaries: Rs 1,254.34 Lakh total in FY2025-26.
• Related party transactions with subsidiaries on arm’s length basis.

Strategic actions & capital moves

• MoUs to acquire majority stakes: Ghantiram 64.50%, Shree Vrajendra 51%, Tech Riser 51%.
• MoU with Travel Wings for 100% acquisition (Mar 2026).
• Reduction of convertible warrants issue size from 37.50 lakh to 18.84 lakh.

Outlook & risks

• Outlook positive for institutional laundry; automation and efficiency focus.
• Risks include input cost volatility, competition, wage pressures, and energy costs.

CSR & governance exemptions

• CSR not applicable under Section 135; no CSR spend.