Laxmi Organic corrects Q4 FY26 EPS figures, recommends 30 paise dividend
Laxmi Organic corrected its Q4 FY26 Basic and Diluted EPS to ₹20.77. The company recommended a final dividend of ₹0.30 per share for FY26. The AGM is scheduled for August 5, 2026, with July 21, 2026, as the record date. Amit Jain appointed CFO from June 16, 2026.
The correction of EPS figures, while important for accuracy, is a minor adjustment. The dividend announcement and CFO appointment are standard corporate events. The impact is medium as it clarifies financial reporting and addresses governance aspects.
The announcement primarily concerns a correction of a typographical error in EPS figures and routine corporate actions like dividend recommendation and CFO appointment. While the correction removes a potential discrepancy, it does not fundamentally alter the company's reported financial performance.
Laxmi Organic Industries Limited has issued a clarification regarding an inadvertent typographical error in its Consolidated Financial Results for the quarter ended March 31, 2026. The reported Basic EPS was incorrectly stated as (0.77) and Diluted EPS as (0.78). The corrected figures for both Basic and Diluted EPS for the quarter are ₹20.77.
In a separate announcement, the company's Board of Directors, in their meeting held on May 21, 2026, approved the audited standalone and consolidated financial results for the financial year ended March 31, 2026. They also recommended a final dividend of ₹0.30 per equity share (30 paise) for the financial year 2025-26, subject to shareholder approval at the upcoming 37th Annual General Meeting.
The Board has fixed July 21, 2026, as the record date for this dividend. Furthermore, the 37th Annual General Meeting is scheduled to be held on August 5, 2026, via Video Conferencing / Other Audio-Visual Means.
The company also announced the appointment of Mr. Amit Jain as the Chief Financial Officer and Key Managerial Personnel, effective from June 16, 2026. Consequently, Mr. Harshvardhan Goenka will cease his interim CFO responsibilities on June 15, 2026. The re-appointment of M/s B. J. D. Nanabhoy & Company as Cost Auditors for FY 2026-27 was also approved.
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Laxmi Organic Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Laxmi Organic Industries Limited. Read the original for the full detail.