Laxmi Organic Industries Management Change
Laxmi Organic Industries announced the resignation of Dr. Rajan Venkatesh as MD & CEO and the appointment of Mr. Harshvardhan Goenka as his successor, effective November 2026.
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Laxmi Organic Industries announced the resignation of Dr. Rajan Venkatesh as MD & CEO and the appointment of Mr. Harshvardhan Goenka as his successor, effective November 2026.
Laxmi Organic Industries announced the resignations of Chief Procurement Officer Dr. Keshav Ruthia and Chief Technology Officer Mr. Salil Mukundan, effective October 31, 2026.
Laxmi Organic Industries Limited allotted 703,126 equity shares under its ESOP-2020 scheme. The allotment was made at par to employees who exercised their stock options.
Laxmi Organic Industries Limited held its 37th Annual General Meeting on August 5, 2026. Key items included adoption of financial results, dividend declaration, and director appointments.
Laxmi Organic reported strong Q1 FY27 results with 40% YoY revenue growth to INR 9,683 Mn and 216% PAT growth. Margin expansion was driven by volume, pricing, and operating leverage.
Laxmi Organic Industries Ltd reported revenue from operations of ₹968.3 Cr (+39.7% YoY) and net profit of ₹67.7 Cr (+216.4% YoY) for Q1 FY27.
Laxmi Organic Industries scheduled a board meeting on July 29, 2026. The board will consider and approve unaudited financial results for the June quarter.
Laxmi Organic Industries submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report details the company's environmental, social, and governance performance.
Laxmi Organic Industries convened its 37th AGM for August 05, 2026. Key agenda items include adopting financial results and declaring a 15% final dividend.
Laxmi Organic Industries submitted its FY2025-26 Annual Report featuring ₹2,846.7 Crore revenue. The company declared a ₹0.30 per share dividend with the virtual AGM scheduled for August 5.
Laxmi Organic Q4FY26 revenue grew 9% sequentially with margin improvements, despite a 6% YoY revenue decline for full-year FY26 due to deflationary pressures and feedstock volatility.
Laxmi Organic reported Q4 FY26 revenue growth of 9% QoQ, driven by Essentials and Specialties. However, full-year FY26 revenue degrew by 6% YoY due to deflationary feedstock environments.
Laxmi Organic Industries Limited submitted its Annual Secretarial Compliance Report for FY2026. The report confirms overall compliance with SEBI regulations, noting no material penalties or deviations.
Laxmi Organic Industries commissioned its Ethyl Acetate plant at the Lote Site and started commercial dispatches. The milestone expands operational capacity and strengthens market presence.
Laxmi Organic Industries Limited reported the utilization of ₹259.12 Crore raised via QIP. The monitoring agency confirmed zero deviation from stated objects for March 2026.
Laxmi Organic appoints Amit Premchand Jain as CFO effective June 16, 2026. He succeeds Harshvardhan Ravi Goenka following his tenure completion on June 15.
Laxmi Organic Industries corrected typographical errors in its Q4FY26 EPS figures. Reported Basic and Diluted EPS were revised from negative to positive ₹0.77.
Laxmi Organic reported FY26 revenue of ₹28,467 Mn, down 5% YoY, with PAT of ₹794 Mn. Management is shifting toward a customer-centric strategy and scaling brownfield sites.
Laxmi Organic Industries Limited confirmed zero deviation in IPO proceeds utilization for Q4 FY26. The ₹500 Crore fresh issue funds are being deployed as per prospectus.
Laxmi Organic Industries fixed July 21, 2026, as the record date for final dividend eligibility. Shareholders must hold equity on this date to receive the payment.
Laxmi Organic Industries Ltd reported revenue from operations of ₹735.3 Cr (+3.6% YoY) and net profit of ₹21.6 Cr (-0.9% YoY) for Q4 FY26.
Laxmi Organic Industries approved its annual audited financial results and recommended a ₹0.30 dividend. Amit Jain was appointed as the new Chief Financial Officer.
Laxmi Organic Industries Limited has scheduled a Board meeting on May 21, 2026, to consider audited financial results for the fiscal year ended March 2026 and recommend a final dividend. The company's trading window for designated persons remains closed until May 23, 2026.
Laxmi Organic Industries Ltd has scheduled a board meeting on May 21, 2026. The board will consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Additionally, the board will discuss a dividend recommendation for the 2026 financial year.
Laxmi Organic Industries announced the resignation of CFO Mr. Mahadeo Karnik effective April 13, 2026. Simultaneously, Mr. Harshvardhan Goenka, a Board member with 13 years of industry experience, has been appointed as Interim CFO effective April 14, 2026. The transition ensures leadership continuity while the company seeks a permanent successor.
Laxmi Organic Industries Limited announced that CFO Mahadeo Karnik will resign effective April 13, 2026. Harshvardhan Goenka, an experienced board member, will assume additional responsibilities effective April 14, 2026. These leadership changes are part of the company's evolving strategic management structure.
Laxmi Organic Industries announced the resignation of CFO Mr. Mahadeo Karnik, effective April 13, 2026. Executive Director Mr. Harshvardhan Goenka will take over as Interim CFO on April 14, 2026. A permanent successor is identified and tentatively expected to join by June 15, 2026.
Laxmi Organic Industries Ltd has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended March 31, 2026. The registrar, MUFG Intime India, confirmed no dematerialisation or rematerialisation requests were received during the quarter.
Laxmi Organic Industries Limited has allotted 63,694 equity shares following the exercise of options under its ESOP 2020 scheme. The allotment, made for a total cash consideration of approximately ₹0.50 Crore, increases the company's paid-up share capital to ₹55.44 Crore.