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Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP). DDP is a specialty chemical group, the technology and business of which has been acquired by the company from Clariant Chemicals India Limited.The company‚Äôs business operations are carried in over 30 countries…
Laxmi Organic allotted 703,126 equity shares of ₹2 face value to employees under its ESOP-2020 scheme. The company's share capital increased from ₹55.44 Cr to ₹55.58 Cr as a result.
Laxmi Organic Industries announced its 37th AGM on August 5, 2026, via VC/OAVM. The FY25-26 Annual Report is online. Physical shareholders must update KYC and dematerialize shares to ensure eligibility for future dividend/interest payments.
Laxmi Organic corrected Q4 EPS to ₹0.77 from ₹(0.77) due to a typo. The board approved financial results for FY26, showing a profit after tax of ₹79.36 Cr, and declared a final dividend of ₹0.30/share. Mr. Amit Jain joins as the new CFO effective June 16.
Laxmi Organic's Board approved Q3 and 9M financial results. Q3 PAT (standalone) was 19.83 Cr, (consolidated) 25.41 Cr, both down YoY. Profit was boosted by 40.73 Cr from electricity liability reversal, 23.45 Cr GST incentives, and a depreciation method change. Dr. Rajiv Banavali re-appointed Independent Director.
Laxmi Organic Industries announced the successful redemption of its ₹ 50 Cr Commercial Paper. This move confirms timely debt repayment, a key indicator for financial stability and operational health.