LE Lavoir Ltd Acquires 64.50% Stake in Ghantiram Foods Private Limited for Expansion in Food Industry

LE Lavoir Limited has entered a strategic Memorandum of Understanding (MoU) with Ghantiram Foods Private Limited to acquire 64.50% stake in the Company. The acquisition, amounting to a 64.50% stake in Ghantiram Foods Private Limited, will be paid through share swap. LE Lavoir Limited aims to strengthen its position in the fast-evolving food sector, tap into new market opportunities, and create synergies that drive growth and value. The proposed acquisition is subject to approval of the Shareholders and Stock Exchange. Ghantiram Foods Private Limited is engaged in the business of Manufacturing, trading, contract farming, retail sales of food grains and other food items including import and export of all types of food grains and food items.