Laxmi Organic Indust News

Laxmi Organic Industries Limited has informed that the officials of the Company will be meeting Investor/ Analyst (Participants) on August 13, 2024 hosted by Emkay Confluence.

Laxmi Organic Industries Limited has submitted the Transcript of Investor & Analyst Meet held on July 29, 2024, at 14:30 hours to discuss the performance for the Quarter ended June 30, 2024 hosted by Strategic Growth Advisors.

Laxmi Organic Industries Limited has submitted the Scrutinizer''s Report issued by M/s. GMJ & Associates, Company Secretaries regarding remote e-voting and e-voting during the 35th Annual General Meeting held on Tuesday, July 30, 2024.

Laxmi Organic Industries Limited has submitted the Monitoring Agency Report pertaining to Qualified Institutional Placement (QIP) issued by India Ratings & Research Private Limited (Monitoring Agent) for the Quarter ended June 30, 2024.

Laxmi Organic Industries Limited has submitted the Statement of Deviation and Variation pertaining to Qualified Institutional Placement (QIP) for the Quarter ended June 30, 2024.

In terms of Regulation 30 and Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements)Regulations, 2015, please see enclosed the summary of proceedings/outcome of the 35th Annual General Meeting of the Company.

Laxmi Organic Industries Limited has submitted the Revised Presentation of Investor/Institutional Investors Meeting for the Quarter ended June 30, 2024.

Laxmi Organic Industries Limited has submitted the Monitoring Agency Report pertaining to Public Issue issued by Axis Bank Limited (Monitoring Agency) for the Quarter ended June 30, 2024.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had informed that it will hold Investor & Analyst Meet to discuss performance for the quarter ended June 30, 2024, on Monday, July 29, 2024, at 14:30 hours (IST).

Laxmi Organic Industries Limited has submitted the Statement of Deviation & Variation pertaining to Public Issue for the Quarter ended June 30, 2024.

Laxmi Organic Industries Limited has submitted the Newspaper Advertisements of the Standalone and Consolidated Financial Results of the Company for the Quarter ended June 30, 2024.

Disclosure regarding the receipt of the Income-tax Assessment Order for Assessment Year 2020-21

We wish to inform you that the Action Taken Report was placed before the Board of Directors at their Meeting held on July 26, 2024, the details are attached herewith.

We wish to inform you that pursuant to Regulation 30 and 33 of SEBI (LODR), Regulations, 2015, the Board of Directors of the Company, at their meeting held on July 26, 2024, has inter-alia approved the unaudited Standalone and Consolidated Financials Results of the Company for the Quarter ended June 30, 2024.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Investor & Analyst Meet to discuss performance for the quarter ended June 30, 2024 is scheduled to be held on Monday, July 29, 2024, at 14:30 hours (IST).

Laxmi Organic Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/07/2024 ,inter alia, to consider and approve Unaudited Financial Results of the Company for the quarter ended June 30, 2024 and any other matters with the permission of the Chair.

Please see enclosed certificate received from Link Intime India Private Limited, Registrar and Share Agent of the Company, certifying compliance with the requirement of Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended June 30, 2024.

Pursuant to Regulations 30 and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please see enclosed public notice relating to the 35th Annual General Meeting of the Company.

With reference to the Application made by the Company on August 31, 2023, regarding the reclassification of the Promoter Group Members of the Company from the category of Promoter Group to Public, we wish to inform you that the Company has received the approval from BSE Ltd and National Stock Exchange of India Limited vide letters dated July 09, 2024 for such reclassification in accordance with Regulation 31A of Listing Regulations.

This is to inform that few inadvertent errors were noticed in the Annual Report FY 2023-24 after the same was dispatched on July 8, 2024 through email. In this regard, please note the following changes made in the Annual Report FY 2023-24:i. On page number 6, Essentials Business's Contribution to Revenue in 2023-24 should be read as '70%' instead of '30%'.ii. On page number 7, Specialties Business's Contribution to Revenue in 2023-24 should be read as '30%' instead of '70%'.We are enclosing herewith the Annual Report of the Company along with the BRSR Report and Notice of the 35th AGM and other Statutory Reports for FY 2023-24 after incorporation of the above changes and the same is also available on the website of the Company at https://www.laxmi.com/investors/annual-report

Please see enclosed Notice of 35th Annual General Meeting of the Company to be held on Tuesday, July 30, 2024.

Laxmi Organic Industries Limited has submitted the Business Responsibility and Sustainability Report for the financial year ended March 31, 2024.It is also a part of the Annual Report, which can be assessed from the Company''s website at https://www.laxmi.com/investors/annual-report

Please see enclosed Annual Report of the Company for the financial year ended March 31, 2024, including the notice convening the 35th Annual General Meeting and Business Responsibility and Sustainability Report. The annual report including the notice can also be accessed from the Company''s website at https://www.laxmi.com/investors/annual-report

The outcome of the Board Meeting and disclosure under Regulation 30 of SEBI LODR Regulation, 2015

In terms of the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time and in terms of Company''s Code of Conduct for Prohibition of Insider Trading, the Trading Window for dealing in equity shares of the Company shall remain close for all the Designated Persons and their immediate relatives, for the period from Monday, July 1, 2024 till the end of 48 hours after the declaration of Unaudited Financial Results of the Company for the Quarter ended June 30, 2024. The date of Board Meeting for the declaration of the Unaudited Financial results of the Company for the Quarter ended June 30, 2024, will be intimated in due course.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Investor/Analyst Meet is scheduled to be held on Friday, July 05, 2024, at 11:00 hours (IST). In this regard, please see enclosed details of the meeting.

We are writing to inform you about an important update regarding the upcoming Investor & Analyst Meet, which was previously communicated in our letter dated June 10, 2024. In our initial communication, we had mentioned that the Investor & Analyst Meet was scheduled to take place on Wednesday, June 18, 2024, at 11:00 hours (IST). However, the same has been rescheduled and the revised time for the Investor & Analyst Meet is now set for June 18, 2024, at 09:00 hours (IST).

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Investor/Analyst Meet is scheduled to be held on Tuesday, June 18, 2024, at 11:00 hours (IST). In this regard, please see enclosed details of the meeting. This information is submitted to you pursuant to Regulation 30(6) of SEBI (LODR)Regulations, 2015.

Laxmi Organic Industries Limited has informed the Exchange about Transcript of Investor & Analyst Meet held on Thursday, May 23, 2024, to discuss performance for the quarter and year ended March 31, 2024 hosted by Strategic Growth Advisors.

Laxmi Organic Industries Limited has submitted Monitoring Agency Report in respect of Qualified Institutional Placement (QIP) issued by India Ratings & Research Private Limited for the Quarter ended March 31, 2024.

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Investor & Analyst Meet is scheduled to be held on Thursday, May 30, 2024, at 14:00 hours (IST). In this regard, please see enclosed details of the meeting. This information is submitted to you pursuant to Regulation 30(6) of SEBI (LODR)Regulations, 2015.

Pursuant to Regulation 30 and 47 of SEBI(LODR) Regulations, 2015, enclosed herewith the newspaper advertisements of the Standalone and Consolidated financial results of the company for the quarter and year ended March 31, 2024.

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the Company had informed that the Investor and Analyst meet was held to discussed the performance for the quarter ended March 31, 2024, on Thursday May 23, 2024 at 13:30 hours (IST). Please see enclosed link for recording of the aforementioned meet.

Pursuant to Regulation 42 of SEBI(LODR) Regulations 2015, the Board of Directors has fixed Friday, July 19, 2024 as the Record date to determine eligibility for Payment of Final Dividend for the Financial Year 2023-2024, if declared at the forthcoming 35th AGM to be held on July 30, 2024.

Pursuant to Regulation 32(1) of SEBI(LODR) Regulations, 2015, we hereby confirm that there has been no deviation in utilization of QIP proceeds from the object stated in the Placement document dated October 10, 2023. In this regards, please see enclosed Statement of deviation and Variation for the Quarter Ended March 31, 2024.

Pursuant to Regulation 30 of SEBI(LODR)Regulations, 2015, the Company had informed that it will hold investors & Analyst Meet to discuss performance for the Quarter and Year ended March 31, 2024, on Thursday, May 23, 2024, at 13:30 hours(I.S.T)In this regard, please see enclosed investor presentation.

The Board of Directors has recommended a Final Dividend of Rs. 0.60/- per share (i.e. 30% of the Face Value) subject to the approval of members at the forthcoming 35th Annual General Meeting.

The Board of Directors in their Meeting dated May 21, 2024 approved the following matters:1. Appointment of Mr. Ravi Goneka as Whole Time Director designated as Executive Chairman of the Company wef September 1, 2024.2. Appointment of Mr. Manish Chokhani from Non Executive Independent Director to Non Executive Non Independent wef July 31, 2024.The aforesaid approval shall be subject to the members approval at the 35th Annual General Meeting. The relevant details are enclosed as Annexure D.

Pursuant to Regulation 32 of SEBI(LODR)Regulations, we hereby confirm that there has been no deviation in the utilization of IPO proceeds from the objects stated in the prospectus dated March 18, 2021. In this regards, please see enclosed Statement of Deviation and Variation for the quarter ended March 31, 2024.

Pursuant to Regulation 32 of SEBI(LODR) Regulations 2015, we hereby confirm that there has been no deviation of utilization of IPO proceed from the objects stated in the prospectus dated March 18, 2021. In this regards, please see enclosed monitoring agency report issued by Axis Bank Limited ("Monitoring Agent") for the quarter ended March 31, 2024.