Lorenzini Apparels Limited Files Annual Declaration Under SEBI Takeover Regulations for FY26

1 min read     Updated on 03 Apr 2026, 08:58 PM
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Lorenzini Apparels Limited has submitted its annual declaration under SEBI Regulation 31(4) for FY26, with promoters confirming no encumbrance on their shareholdings. The company filed the mandatory compliance disclosure on April 03, 2026, signed by Managing Director Sandeep Jain. Individual declarations were received from promoters Sandeep Jain, Sandeep Jain HUF, and Parveen Jain, all confirming compliance with SEBI takeover regulations during the financial year ended March 31, 2026.

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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.

Declaration Details: Information
Filing Date: April 03, 2026
Regulation: SEBI Regulation 31(4)
Financial Year: Ended March 31, 2026
Signatory: Sandeep Jain (MD & CFO)
DIN: 0236579

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.

Stock Exchange Details: Information
BSE Scrip Code: 540952
NSE Symbol: LAL
Company Status: ISO 9001:2015 Certified
Location: New Delhi

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.

Historical Stock Returns for Lorenzini Apparels

1 Day5 Days1 Month6 Months1 Year5 Years
+1.67%+4.72%+0.41%-33.39%-33.88%-6.51%

What strategic initiatives might Lorenzini Apparels pursue in FY27 given the clean promoter shareholding structure?

Could the company's ISO 9001:2015 certification and compliance track record attract potential institutional investors or strategic partners?

How might changes in India's textile and apparel export policies impact Lorenzini Apparels' growth prospects?

Lorenzini Apparels Announces Resignation of Company Secretary Ankush Mittal

1 min read     Updated on 31 Mar 2026, 10:00 PM
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AI Summary

Lorenzini Apparels Limited announced the resignation of Company Secretary and Compliance Officer Ankush Mittal, effective March 31, 2026. Mittal submitted his resignation on March 30, 2026, to pursue alternate career opportunities outside the company. The resignation was formally communicated to BSE and NSE under SEBI Regulation 30 compliance requirements. The company is actively searching for a suitable replacement and will inform stock exchanges once the position is filled.

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Lorenzini apparels Limited has formally announced the resignation of Mr. Ankush Mittal from his position as Company Secretary and Compliance Officer. The resignation, submitted on March 30, 2026, becomes effective from the close of business hours on March 31, 2026.

Resignation Details

The company has informed both BSE and NSE about this key personnel change under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The notification was signed by Managing Director and Chief Financial Officer Sandeep Jain.

Parameter: Details
Position: Company Secretary and Compliance Officer
Resignation Date: March 30, 2026
Effective Date: March 31, 2026
Reason: Pursue alternate career opportunities
Current Status: Company searching for replacement

Regulatory Compliance

The resignation was reported in compliance with SEBI regulations, specifically under Regulation 30 read with Para A, Part A of Schedule III of SEBI Listing Regulations. The company has also referenced SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full regulatory compliance in the disclosure process.

Transition Process

In his resignation letter, Mittal expressed gratitude for the support and opportunities provided during his tenure with Lorenzini Apparels Limited. He acknowledged the mentorship received from leadership and colleagues, describing his time with the organization as an enriching experience that contributed significantly to his professional growth.

The company has confirmed that it is actively in the process of identifying and hiring a suitable candidate for the Company Secretary and Compliance Officer position. Stock exchanges will be informed once the vacancy is filled, ensuring continuity in regulatory compliance and corporate governance functions.

Company Information

Lorenzini Apparels Limited operates as an ISO 9001:2015 certified company with CIN L17120DL2007PLC163192. The company is listed on both BSE (Scrip Code: 540952) and NSE (Symbol: LAL), maintaining its commitment to transparency and regulatory compliance in all corporate communications.

Historical Stock Returns for Lorenzini Apparels

1 Day5 Days1 Month6 Months1 Year5 Years
+1.67%+4.72%+0.41%-33.39%-33.88%-6.51%

How might the temporary vacancy in the Company Secretary position affect Lorenzini Apparels' regulatory compliance and governance processes?

What impact could this leadership change have on investor confidence and the company's stock performance in the near term?

Will Lorenzini Apparels consider internal promotions or external hiring for the replacement, and how might this choice affect company culture?

More News on Lorenzini Apparels

1 Year Returns:-33.88%