Lalithaa Jewellery Mart Subsidiary Allotment

Lalithaa Jewellery Mart Limited has been allotted 72,89,100 shares in its subsidiary, Lalithaa Jewellery (M) SDN. BHD. This allotment, valued at MYR 72,89,100 (approximately ₹15.5 Crore based on current exchange rates, though the filing does not provide a Rupee equivalent), results in Lalithaa Jewellery (M) SDN. BHD. becoming a subsidiary with a 91% stake. The subsidiary, based in Malaysia, is involved in Gold, Diamond, and Silver Retailing and Wholesaling activities and is yet to commence operations. The acquisition aims to expand the company's international business presence. The consideration was made via cash/banking channel at par.