Le Lavoir Limited has submitted a regulatory disclosure to BSE Limited regarding the resignation of its Managing Director.
Key Management Change
Mr. Sachin Kapse (DIN: 08443704) has tendered his resignation from the position of Managing Director of the Company. The resignation is effective from 28th August, 2026.
Reason for Resignation
The reason for resignation is stated as "Personal reason" in the annexure. The resignation letter from Mr. Kapse, dated 28th August, 2026, elaborates that he is "not in a position to devote my time to the Company" due to personal reasons.
Confirmation from Resigning Director
The Company has received confirmation from Mr. Sachin Kapse that there are no other material reasons for his resignation other than those provided in his resignation letter.
Annexure Details (Annexure A)
The annexure provides the following details as required by SEBI regulations:
- Name of Key Managerial Personnel: Mr. Sachin Kapse (DIN: 08443704)
- Reason for change: Resignation due to Personal reason
- Date of cessation: Friday, 28th August, 2026
- Confirmation that the resignation letter is attached and that there are no material reasons other than those stated
Financial Impact
Financial impact not quantified in the disclosure.