Laxmi Organic Board Approves Unaudited Financial Results, Appoints Director
Laxmi Organic Industries Limited announced the outcome of its Board Meeting held on November 5, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board approved the appointment of Mr. Rajesh Naik as an Additional Director and Whole-time Director (Executive Director - Operations) effective November 6, 2026, subject to shareholder approval. A postal ballot notice will be issued to seek shareholder approval for Mr. Harshvardhan Goenka's re-designation as Managing Director & CEO and Mr. Rajesh Naik's appointment as Director and Whole-time Director.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Mr. Rajesh Naik appointed as Additional and Whole-time Director.
- Appointment is for a term of five years.
- Shareholder approval sought for MD & CEO re-designation.
- Postal ballot to be issued for key appointments.
Price Impact
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