Le Lavoir has entered into a strategic memorandum of understanding (MoU) to acquire 51.00% stake in Shree Vrajendra Foods. The Shree Vrajendra Foods is engaged in the manufacturing, trading, contract farming, retail sales of edible oil, food grains and other food items including import and export of all types of edible oil, food grains and food items.
This acquisition, amounting to a 51.00% stake (post completion of the acquisition) in Shree Vrajendra Foods. After this acquisition the company will issue its own shares to the promoter of Shree Vrajendra Foods through swap of shares.
Le Lavoir (earlier Radhey Trade Holding) is into the business of Laundry Services catering to institutions such as Hotels.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
| View more.. | |
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