Laxmi Organic Industries Limited has Submitted Disclosure with regards to Commissioning of Ethyl Acetate Plant at "Lote" pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015

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AI summary

Laxmi Organic Industries Limited has successfully commissioned a new Ethyl Acetate Plant at its Manufacturing Site-III located in Lote Parshuram, District Ratnagiri, Maharashtra. The plant has begun commercial dispatches. This represents a capacity expansion milestone for the company, strengthening its operational capabilities and market presence in the ethyl acetate segment. The announcement was made on May 22, 2026 under SEBI Regulation 30(4).

Likely market impact

This new plant commissioning is positive for shareholders as it increases production capacity and could boost future revenue. The successful commercial launch strengthens Laxmi Organic's position in the specialty chemicals market.