Lorenzini Apparels MD, chairman, board of directors and AGM
NSE: LALBSE: 540952Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹8.44.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹143 Cr2,712th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 15 Oct 2026
- 25.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 15 Oct 2026
- 2.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 15 Oct 2026
- 11.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 15 Oct 2026
- 10.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 15 Oct 2026
- 0.38
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 29,77290.8% delivered
Lorenzini Apparels board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorSandeep Jain
6 directors3 independent1 executive2 non-executive
- Sandeep Jain · Chairperson and managing directorExecutive · joined May 2007 · reappointed Jul 2022 · 1 listed board · 2 committee seats
- Rajit SehgalNon-executive · joined Jun 2017 · 1 listed board · 1 committee seat
- Supreet Kaur RekhiNon-executive · joined Dec 2023 · 1 listed board
- Sapna KhannaIndependent · joined Dec 2024 · 18 months as independent · 1 listed board · 1 as independent
- Monam KapoorIndependent · joined Feb 2026 · 4 months as independent · 7 listed boards · 7 as independent · 10 committee seats, 4 as chair
- Ish SadanaIndependent · joined Feb 2026 · 4 months as independent · 7 listed boards · 7 as independent · 6 committee seats, 4 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Yogesh Kumar, left 18 Mar 2026: Others
- Ajay, left 18 Mar 2026: Others
- Mohan Chauhan, left 1 Dec 2024: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 May 20264 of 6 present3 independent · 15 days in between
- 12 May 20264 of 6 present3 independent · 86 days in between
- 14 Feb 20268 of 8 present5 independent · 25 days in between
- 19 Jan 20266 of 6 present3 independent
Audit Committee
Chair Ish Sadana
Sandeep Jain, Sapna Khanna, Monam Kapoor
- 28 May 20264 of 4 present3 independent · 102 days in between
- 14 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Ish Sadana
Rajit Sehgal, Sapna Khanna, Monam Kapoor
1 meeting of 2 without a quorum
- 12 May 20264 of 4 present3 independent · 86 days in between · quorum not met
- 14 Feb 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Ish Sadana
Rajit Sehgal, Sandeep Jain, Sapna Khanna
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- M/s Mittal & AssociatesPeer-review certificate valid to Feb 2028
1 earlier auditor
- Mittal & AssociatesNamed in filings from Mar 2025 to Mar 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Lorenzini Apparels AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Lorenzini Apparels share news and announcements
Annual general meeting, 18 Sep 2026
16,816 shareholders on the register on 11 Sep 2026; present: 1 promoter and 41 others; votes counted by Anuj Gupta / Anuj Gupta & Associates.The company's voting result (opens in a new tab)
TO CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS (“THE BOARD”) AND THE AUDITORS THEREONMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · other public 0.00%
Turnout: all 70.20% · promoters 93.31% · other public 40.59%
- RE-APPOINTMENT OF MRS. SUPREET KAUR REKHI (DIN: 10409347) AS A DIRECTOR LIABLE TO RETIRE BYROTATION AND BEING ELIGIBLE, OFFERS HERSELF FOR RE-APPOINTMENTOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.01%
Turnout: all 70.20% · promoters 93.31% · other public 40.59%
- TO APPROVE CHANGE OF NAME OF THE COMPANY AND CONSEQUENT ALTERATION IN THE MEMORANDUM OF ASSOCIATION AND ARTICLES OF ASSOCIATION OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.20% · promoters 93.31% · other public 40.59%
- REGULARIZATION OF APPOINTMENT OF STATUTORY AUDITOR TO FILL CASUAL VACANCYOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · other public 0.01%
Turnout: all 70.20% · promoters 93.31% · other public 40.59%
- Appointment of Statutory Auditors and authorise the Board to fix remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 70.20% · promoters 93.31% · other public 40.59%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Mar 2026, 3 resolutions
17,344 shareholders on the register on 20 Feb 2026; votes counted by Anuj Gupta / M/s Anuj Gupta & Associates.The company's voting result (opens in a new tab)
- APPOINTMENT OF MR. ISH SADANA (DIN: 07141836) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.02%
Turnout: all 71.00% · promoters 100.00% · other public 33.83%
- APPOINTMENT OF MS. MONAM KAPOOR (DIN: 09278005) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.02%
Turnout: all 71.00% · promoters 100.00% · other public 33.83%
- TO APPROVE TRANSACTION WITH RELATED PARTY FOR TRANSFER/SALE OF TRADEMARK (“MR BUTTON”) OWNED BY THE COMPANY TO MR BUTTON PRIVATE LIMITEDOrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · other public 0.03%
Turnout: all 14.73% · promoters 0.00% · other public 33.60%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2025, 6 resolutions
17,813 shareholders on the register on 24 Sep 2025; present: 2 promoters and 29 others; votes counted by Anuj Gupta / Anuj Gupta & Associates.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements of the Company for the Financial year ended March 31, 2025 together with the reports of the Board of Directors (“the Board”) and the auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.95% · promoters 100.00% · institutions 0.00% · other public 23.13%
- Re-appointment of Mr. Rajit Sehgal (DIN: 05281112) as a director liable to retire by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.50% · promoters 100.00% · institutions 0.00% · other public 22.07%
- To appoint CS Anuj Gupta, Practicing Company Secretaries as a secretarial auditor of company for a first term of five year.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.95% · promoters 100.00% · institutions 0.00% · other public 23.13%
- Revision in remuneration of Mr. Sandeep Jain, Managing Director and CFO of the CompanySpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 9.78% · promoters 0.00% · institutions 0.00% · other public 23.13%
- Approval for policy/scheme loan to whole-time directors, managing directors, senior officers and to entities in which directors are interestedSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 9.78% · promoters 0.00% · institutions 0.00% · other public 23.13%
- Approval of Grant Loan to Managing Director and CFOSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 9.78% · promoters 0.00% · institutions 0.00% · other public 23.13%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 Mar 2025, 2 resolutions
17,634 shareholders on the register on 14 Feb 2025; votes counted by Anuj Gupta / Anuj Gupta & Associates.The company's voting result (opens in a new tab)
- TO CONSIDER AND APPROVE APPOINTMENT OF MRS. SAPNA KHANNA (DIN:10876163) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.01% against
Against: promoters 0.00% · other public 0.05%
Turnout: all 62.61% · promoters 100.00% · other public 14.69%
- TO CONSIDER AND APPROVE RE-APPOINTMENT OF MR. YOGESH KUMAR AS AN INDEPENDENT DIRECTOR (DIN: 08722626) FOR A SECOND TERM OF FIVE YEARSSpecial99.99% for0.01% against
Against: promoters 0.00% · other public 0.05%
Turnout: all 62.61% · promoters 100.00% · other public 14.69%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 5 resolutions
Present: 3 promoters and 28 others.The company's voting result (opens in a new tab)
TO CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS (“THE BOARD”) AND THE AUDITORS THEREON.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.00% · promoters 98.11% · institutions 0.00% · other public 27.97%
- RE-APPOINTMENT OF MR. SANDEEP JAIN (DIN: 02365790) AS A DIRECTOR LIABLE TO RETIRE BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 12.01% · promoters 0.00% · institutions 0.00% · other public 27.97%
- APPROVAL OF MATERIAL RELATED PARTY TRANSACTION LIMITS WITH MR BUTTON PRIVATE LIMITEDSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 12.01% · promoters 0.00% · institutions 0.00% · other public 27.97%
- TO APPROVE TRANSACTION WITH RELATED PARTY FOR ASSIGNMENT OF TRADEMARK OWNED BY THE COMPANYOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 12.01% · promoters 0.00% · institutions 0.00% · other public 27.97%
TO GIVE LOANS, INTER CORPORATE DEPOSITS, GIVE GUARANTEES IN CONNECTION WITH LOANS MADE BY ANY PERSON OR BODY CORPORATE AND ACQUIRE BY WAY OF SUBSCRIPTION, PURCHASE OR OTHERWISE THE SECURITIES OF ANY OTHER BODY CORPORATE IN EXCESS OF THE LIMITS PRESCRIBED IN SECTION 186 OF THE COMPANIES ACT, 2013.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.00% · promoters 98.11% · institutions 0.00% · other public 27.97%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 14 Mar 2024, 3 resolutions
The company's voting result (opens in a new tab)
- Sub Division of Face Value of Equity Share of the company form Rs.10 to Rs.1. EachOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.81% · promoters 91.52% · institutions 0.00% · other public 35.67%
- To Increase in Authorized Share Capital of the company and consequent alteration in Capital Clause of the Memorandum of Association of CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.81% · promoters 91.52% · institutions 0.00% · other public 35.67%
- Issue of Bonus Equity Share to the Shareholder of the company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.81% · promoters 91.52% · institutions 0.00% · other public 35.67%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 25 Jan 2024, 1 resolution
The company's voting result (opens in a new tab)
- To approve the appointment of Ms. Supreet Kaur Rekhi (DIN: 10409347) as a Director (Non-Executive, Non-Independent) of the CompanynOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 69.02% · promoters 91.52% · institutions 0.00% · other public 30.84%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 20 Sep 2023, 6 resolutions
Present: 3 promoters and 28 others.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023 together with the Reports of the Board of Directors (`the Board`) and the Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 98.43% · institutions 0.00% · other public 36.86%
- To appoint a director in place of Mr Rajit Sehgal (DIN: 05281112), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.98% · promoters 98.43% · institutions 0.00% · other public 35.54%
- Re-appointment of M/s Mittal and Associates, Chartered Accountants, as a Statutory AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 98.43% · institutions 0.00% · other public 36.86%
- Alteration in Articles of Association of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 14.73% · promoters 1.57% · institutions 0.00% · other public 36.86%
- To Increase the Authorised Share Capital of the Company and consequential amendment to the Capital Clause in the Memorandum of AssociationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 98.43% · institutions 0.00% · other public 36.86%
- To Approve the Issuance of Warrants Convertible into Equity Shares to the Proposed Allottees, on a Preferential BasisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.47% · promoters 98.43% · institutions 0.00% · other public 36.86%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.