Laxmi Organic: MD & CEO Rajan Venkatesh to step down; Harshvardhan Goenka to succeed

Laxmi Organic Industries Limited announced a leadership transition following a Board Meeting on September 8, 2026. Dr. Rajan Venkatesh will resign as Managing Director & CEO and Director, effective November 13, 2026, to pursue external opportunities. The Board has approved the appointment of Mr. Harshvardhan Goenka, currently Executive Director, as the new MD & CEO, succeeding Dr. Venkatesh. Mr. Goenka's appointment is for a five-year term starting November 14, 2026, subject to shareholder and regulatory approvals. His remuneration will remain unchanged from his current Executive Director package.