Lorenzini Apparels Limited has received formal confirmations from two Independent Directors clarifying that no additional material reasons exist for their resignations beyond those previously disclosed. The company filed this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 on April 09, 2026.

Director Resignation Confirmations

The confirmations relate to the resignations of Mr. Yogesh Kumar and Mr. Ajay, both Independent Directors of the company, who had submitted their resignation letters on March 18, 2026. Both directors have now provided written declarations stating that there are no other material reasons for their resignation apart from those mentioned in their respective resignation letters.

Regulatory Compliance

The disclosure was made to both BSE Limited and National Stock Exchange of India Limited as part of the company's regulatory obligations. Managing Director and Chief Financial Officer Sandeep Jain signed the disclosure on behalf of Lorenzini Apparels Limited, ensuring compliance with listing requirements.

Company Information

Lorenzini Apparels Limited is an ISO 9001:2015 certified company incorporated in 2007. The company is headquartered at C-64, Okhla Industrial Area, Phase-I, South Delhi, Delhi-110020. This disclosure provides transparency regarding the board changes and confirms that the directors' departures do not involve any undisclosed material concerns.

Lorenzini Apparels Limited has filed its annual compliance declaration with stock exchanges under SEBI takeover regulations for the financial year ended March 31, 2026. The ISO 9001:2015 certified company submitted the mandatory disclosure to BSE Limited and National Stock Exchange of India Limited on April 03, 2026.

Regulatory Compliance Declaration

The company has complied with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations 2011 by submitting annual declarations from its promoters and promoter group. The regulation requires promoters to annually declare any encumbrances on their shareholdings in the company.

Promoter Group Confirmations

The company received individual declarations from all promoters and promoter group entities confirming compliance with SEBI regulations. Each promoter has declared that no encumbrance was made on shares held by them during the financial year.

Key Declarations Received:

• Sandeep Jain (Promoter): Confirmed no encumbrance on shares held directly or indirectly during FY26
• Sandeep Jain HUF (Promoter Group): Declaration signed by Sandeep Jain as Karta, confirming no encumbrance on shareholdings
• Parveen Jain (Promoter): Individual declaration confirming compliance with SEBI regulations

Corporate Information

Lorenzini Apparels Limited operates as an ISO 9001:2015 certified company with CIN L17120DL2007PLC163192. The company is headquartered at C-64, Okhla Industrial Area, Phase-I, New Delhi-110020.

Management Structure

Sandeep Jain serves as the company's Managing Director and Chief Financial Officer, holding DIN 0236579. All declarations were digitally signed and submitted to both BSE Limited and National Stock Exchange of India Limited for record and dissemination purposes.

The annual declaration ensures transparency in promoter shareholding patterns and compliance with SEBI's substantial acquisition and takeover regulations, providing stakeholders with confirmation of no additional encumbrances on promoter holdings during the financial year.