Laxmi Organic Industries Limited has informed the Exchange regarding 'Outcome of the board meeting and disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 ( Listing Regulations ) '.
LXCHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.0 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Directors of Laxmi Organic Industries approved the Annual Audited Standalone and Consolidated Financial Results for FY ended March 31, 2025, with the CFO confirming an unmodified (clean) auditor's opinion. A final dividend of ₹0.50 per share (25% on face value of ₹2) was recommended, subject to shareholder approval at the 36th AGM on July 31, 2025. The Board also re-appointed Mr. Harshvardhan Goenka as Whole-time Director (Executive Director) for 5 years effective November 1, 2025 — he is the son of Executive Chairman Mr. Ravi Goenka. Additionally, GMJ & Associates was appointed as Secretarial Auditor for 5 years, B.J.D. Nanabhoy & Co. re-appointed as Cost Auditor for FY26, and Ernst & Young re-appointed as Internal Auditor for 2 years. The ESOP-2024 scheme was also extended to employees of subsidiary, associate and holding companies.
Routine corporate housekeeping with no negative surprises — clean audit opinion and a modest 25% dividend are mildly positive for shareholders. The re-appointment of the promoter's son as Executive Director is a related-party decision and will require shareholder approval at the AGM, which investors should note.