Acquisitions1 April 2026 at 01:31 pm
Lexoraa Industries Invests in 100% Equity Shares of Any and Every Export Limited, Acquiring Wholly Owned Subsidiary
AI Summary
On 1st April, 2026, Lexoraa Industries Ltd held a Board Meeting at their registered office in Mumbai, Maharashtra, during which they approved an investment in the 100% equity shares of Any and Every Export Limited, located in Hong Kong. This acquisition will result in Any and Every Export Limited becoming a Wholly Owned Subsidiary (WOS) of Lexoraa Industries Ltd. The decision was made after careful evaluation by the Committee of Independent Directors and the recommendation of the Audit Committee.
Key Highlights
- Lexoraa Industries Ltd invests in 100% equity shares of Any and Every Export Limited
- Any and Every Export Limited becomes a Wholly Owned Subsidiary (WOS) of Lexoraa Industries Ltd
- The decision follows evaluation by the Committee of Independent Directors
- The Audit Committee recommended the acquisition
- The acquisition is in accordance with Regulation 30 of SEBI (Listing obligation and Disclosure Requirements), 2015