LE Lavoir Ltd. Receives Third Tranche of Consideration for Convertible Warrants
LE Lavoir Ltd. announced the receipt of the third tranche of consideration for convertible warrants issued on a preferential basis. The company received Rs. 1,25,49,150 from allottees Mr. Ashok Dilipkumar Jain and Ms. Viha Ashok Jain.The warrants were issued at a price of Rs. 264.75 each, including a premium of Rs. 254.75 per warrant and a face value of Rs. 10.00 per warrant. The consideration was received in accordance with the provisions of Chapter V of the SEBI (ICDR) Regulations, 2018.
The following table details the consideration received by each allottee:
| Sr. No. | Name of the Allottee(s) | Category (Promoter / non- promoter) | No. of Convertible Warrants held | 25% Consideration received in 1 st Tranche (Amt. in Rs.) | Consideration received in 2 nd Tranche (Amount in Rs.) | Consideration received in 3 rd Tranche (Amount in Rs.) |
|---|---|---|---|---|---|---|
| 1 | Ashok Dilipkumar Jain | Non- Promoter | 4,88,700 | 3,23,45,831.25 | 91,33,875 | 75,45,375 |
| 2 | Viha Ashok Jain | Non- Promoter | 1,95,000 | 1,29,06,562.50 | 0 | 50,03,775 |
| Total | 6,83,700 | 4,52,52,393.75 | 91,33,875 | 1,25,49,150 |
The Board meeting to consider and approve this receipt was held on March 25, 2026, and concluded at 11:30 A.M.
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