Laxmi Organic Industries Ltd

CPO resignation

• Dr. Keshav Ruthia resigns as CPO to pursue opportunities outside Laxmi; effective Oct 31, 2026; no replacement.

CTO resignation

• Mr. Salil Mukundan resigns as CTO to pursue opportunities outside Laxmi; effective Oct 31, 2026; no replacement.

ESOP-2020 allotment

• 703,126 equity shares allotted under ESOP-2020 to eligible employees who exercised options, for cash at par.
• Shares issued at ₹2 par value and rank pari passu with existing shares.
• Post-allotment share capital increased from ₹55,44,23,134 to ₹55,58,29,386 (₹14,06,252).
• Allotment completed on Aug 12, 2026 by circular resolution of the Nomination and Remuneration Committee.

AGM details

• AGM held on August 5, 2026 at 11:00 IST via VC/OAVM.
• Voting cut-off date was July 29, 2026; remote voting Aug 1–4, 2026.

Adoption of financial statements

• Ordinary resolution to adopt annual and consolidated financial statements; passed with majority.

Dividend

• Final dividend on equity shares declared; per-share amount not disclosed.

Director appointment – Goenka

• Ordinary resolution for re-appointment of Harshvardhan Goenka as Executive Director; retires by rotation.

Director appointment – Chokhani

• Ordinary resolution for re-appointment of Manish Chokhani as Non-exec Non-Independent Director; retires by rotation.

Cost Auditors remuneration

• Ordinary resolution ratifying remuneration of Cost Auditors for FY 2027.

Executive Directors remuneration in absence / profits

• Special resolution approved; remuneration payable in absence or inadequate profits.

Meeting Details

• Date and time: July 30, 2026 at 2:00 PM IST.
• Event: Analyst / Investor Meet by Laxmi Organic Industries Limited.
• Purpose: discuss performance for quarter ended June 30, 2026.
• Recording: the meeting recording is available; download link provided.

Participants

• Key company participant: Company Secretary and Compliance Officer.

Notes

• Recording available; link provided in filing.

Issue overview

• Issue type and securities: QIP of equity shares.
• Total issue size reported; net proceeds revised due to reallocation.
• Objectives: Mahape innovation centre capex; Dahej facility capex; GCP and QIP expenses.

Utilisation of proceeds

• Utilisation aligned with disclosures; MA notes no deviation from objects.
• Shareholders approved reallocation of unutilised proceeds on 06 Dec 2025.
• Mahape: utilized 250.43; completion delayed by six months; inaugurated.
• Dahej: revised allocation to 1,729.24; first phase commissioned; ongoing.
• GCP: utilized 506.05; no separate quarterly spend.
• QIP-related expenses: utilized 105.59.
• Unutilised funds: 76.38 million as of quarter end; parked in mutual funds.
• Unutilised funds extension: board approved till 30 June 2026; shareholder approval.
• Deployment: 86.48 million invested in ABSL Arbitrage Fund; maturity not reached.

Governance and compliance

• Approvals obtained: partial statutory approvals; PCB provisional consent for Dahej facility.
• Shareholder approvals: reallocation approved by postal ballot on 06 Dec 2025.
• Board approvals: extension of unutilised funds to 30 June 2026 approved 29 Oct 2025.
• Delays/risks: Mahape project delayed six months due to workspace constraints; inaugurated.
• Material changes: reallocation approved by board and shareholders; no other adverse events disclosed.

GCP

• GCP amount allocated: 506.05 million; utilized by end of quarter.
• Board and shareholder approvals: reallocation approved 29 Oct 2025 (board) and 06 Dec 2025 (shareholders).

Meeting Details

• Date: July 29, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for the quarter ended June 30, 2026.

Other Notes

• No other material notes disclosed in the filing.

Dematerialisation processing status

• Dematerialisation requests processed; securities confirmed to depositories as accepted or rejected.
• Securities in the certificates have been listed on the stock exchanges where earlier issues are listed.
• Dematerialisation certificates received were mutilated and cancelled after verification; depository name updated as registered owner within timelines.

AGM details

• AGM scheduled Aug 5, 2026 at 11:00 IST via VC/OAVM; annual report 2025-26 accessible online.

Non-email member access

• Web-link for Annual Report to be sent to members without registered emails; cutoff July 29, 2026.

KYC/compliance reminder

• Reminder to update KYC details and dematerialise physical securities per SEBI circular.