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An update from Laxmi Organic Industries Ltd. ( (IN:LXCHEM) ) is now available.
Laxmi Organic Industries Ltd. has corrected a typographical error in its consolidated financial results for the quarter ended March 31, 2026, clarifying that basic and diluted earnings per share were ₹0.77 instead of the earlier reported negative figures. The company stressed that no other financial data or disclosures for the year were affected and resubmitted the revised results to the stock exchanges.
At its May 21, 2026 board meeting, Laxmi Organic approved audited standalone and consolidated financial statements for FY 2025-26 along with an unmodified auditor’s opinion. The board also recommended a final dividend of ₹0.30 per share, set July 21, 2026 as the record date, scheduled the 37th AGM for August 5, 2026 via video conferencing, reappointed its cost auditor, and named Amit Jain as Chief Financial Officer, replacing interim CFO duties currently handled by Executive Director Harshvardhan Goenka.
More about Laxmi Organic Industries Ltd.
Laxmi Organic Industries Ltd. is an India-based chemical manufacturer listed on BSE and NSE, operating in the specialty and performance chemicals space. The company serves domestic and international customers with value-added chemical products, positioning itself as a key player within the broader industrial and specialty chemicals supply chain.
Average Trading Volume: 51,659
Technical Sentiment Signal: Sell
Current Market Cap: 43.99B INR
For a thorough assessment of LXCHEM stock, go to TipRanks’ Stock Analysis page.