Management Change10 April 2026 at 01:01 pm
Laxmi Organic: CFO Resigns, Interim Appointed; New CFO by June 2026
AI Summary
Laxmi Organic Industries Ltd announced the resignation of its Chief Financial Officer, Mr. Mahadeo Karnik, effective April 13, 2026. The Board of Directors has appointed Mr. Harshvardhan Goenka, an Executive Director of the company, as the Interim Chief Financial Officer, effective from April 14, 2026. Mr. Goenka will serve in this capacity until a new Chief Financial Officer assumes office. The company has identified a successor for the CFO position, who is tentatively expected to join on June 15, 2026, pending necessary approvals from the Nomination and Remuneration Committee, Audit Committee, and the Board.
Key Highlights
- CFO Mahadeo Karnik resigns from Laxmi Organic, effective April 13, 2026.
- Executive Director Harshvardhan Goenka appointed Interim CFO from April 14, 2026.
- A new CFO successor is identified, expected to join by June 15, 2026.
- Goenka brings over 13 years of chemical industry experience to the interim role.