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LE Lavoir: Stock jumps after company to acquire 51% stake in Tech Riser

Le Lavoir Limited signed an MoU to acquire a 51% stake in Tech Riser Private Limited, expanding its Retail Laundry Business through digital platform solutions in India.

Introduction

Leading retail service firm has signed an MoU to acquire a 51% stake in a technology company, enabling digital solutions for expanding its Retail Laundry Business across India.

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Share price movement of Le Lavoir

On October 7, 2025, LE Lavoir Ltd opened at ₹316.20, up 0.03% from its previous close of ₹316.10. The stock reached a high of ₹326.80 and a low of ₹302.00. By 10:31 AM, it traded at ₹303.00, a 4.14% decline, with a market cap of ₹98.17 crore.

Le Lavoir to Acquire 51% Stake in Tech Riser

Le Lavoir Limited signed a Memorandum of Understanding with Tech Riser Private Limited on September 30, 2025, to acquire a 51% stake through a share swap, subject to approvals.

Tech Riser Private Limited develops digital platforms and software for retail businesses, including order booking, payment tracking, and backend operations. The acquisition supports Le Lavoir’s expansion into the Retail Laundry Business in India.

The acquisition requires shareholder and BSE approvals. Le Lavoir will issue its own shares to Tech Riser promoters based on market price. The process will complete after necessary regulatory permissions.

Stock performance of Le Lavoir for Period of 1 week, 6 months, and 1 year

LE Lavoir Ltd delivered a 3.98% return over the past week, declined 1.51% over the past six months, and gained 13.4% over the past year.

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Shareholding pattern of Le Lavoir

ParticularsJun 2025Mar 2025Dec 2024
Promoter3.80%3.80%3.80%
FII1.00%1.00%1.00%
DII0.00%0.00%0.00%
Public95.20%95.20%95.20%

About Le Lavoir

Le Lavoir Limited (BSE: 539814), incorporated in 1981, provides laundry services to institutions, including hotels, offering dry cleaning and laundromat solutions on an outsourced model across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Le Lavoir Limited share price going up today?

A: Le Lavoir Limited share price rose after the company signed an MoU to acquire a 51% stake in Tech Riser Private Limited.

Q: What does Le Lavoir Limited specialize in?

A: Le Lavoir Limited specializes in providing laundry services to institutions, including hotels, offering dry cleaning and laundromat solutions on an outsourced model.

Q: What is the market capitalization of Le Lavoir Limited?

A: The market capitalization of Le Lavoir Limited is ₹98.17 crore as of October 7, 2025.

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