Le Lavoir Limited to manage laundry operations for Hotel Sahara Star in Mumbai

The Board of Directors of Le Lavoir Limited, in their meeting held on 12th May, 2023, at the Registered Office of the Company, which commenced at 10:00 A.M and concluded at 2:10 P.M. has considered and proposed a plan to manage entire Laundry operations (linen as well as washing and dry cleaning) for a Hotel Sahara Star a leading 5-Star Hotel located at Nehru Rd, opp. Domestic Airport, Navpada, Vile Parle East, Mumbai - 400 099 by investing into their in-house laundry and run it's unit from within the hotel premises for a minimum period of 5 years.

On approval from Hotel Management, laundry operations likely to begin within 6 months.

Shares of LE Lavoir Ltd was last trading in BSE at Rs. 71.45 as compared to the previous close of Rs. 68.05. The total number of shares traded during the day was 29521 in over 129 trades.

The stock hit an intraday high of Rs. 71.45 and intraday low of 67.10. The net turnover during the day was Rs. 2092776.00.

Source : Equity Bulls

Keywords

LELavoir INE204S01012 LaundryOperations HotelSaharaStar 5StarHotel