LXCHEMNSELaxmi Organic Industries LimitedMediumNeutral
Announced Fri, 2 May · 12:02 IST

Laxmi Organic Industries Limited has informed the Exchange about General Updates, Pursuant to provisions of Regulation 30(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Company s Site 1 producing chemical products under Essentials Business Unit located at Mahad Industrial Area, MIDC, Raigad 402 309, Maharashtra, India, will be undergoing a Scheduled Annual Boiler Shutdown from May 14, 2025 until May 28, 2025. The Company s supply chain and sales teams have taken appropriate measures to ensure continuity of deliveries to the extent possible. However, during the shutdown period, product availability may be limited.We request you to kindly take the above on record.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Laxmi Organic Industries has informed the exchange that its Site 1 at Mahad Industrial Area, MIDC, Raigad, Maharashtra, which produces chemicals under the Essentials Business Unit, will undergo a scheduled annual boiler shutdown from May 14, 2025 to May 28, 2025. The company has stated that its supply chain and sales teams have arranged alternative measures to maintain delivery continuity as far as possible. However, product availability from this site may be limited during the roughly two-week shutdown period. This appears to be a routine, pre-planned maintenance activity carried out annually.

Likely market impact

This is a routine annual maintenance event with a defined short window, so the impact on shareholders is expected to be limited. Investors should watch for any updates on whether the limited product availability meaningfully affects quarterly volumes or revenues.