LXCHEM Approves FY26 Results, Recommends ₹0.30 Dividend, Appoints Amit Jain as CFO
Laxmi Organic Industries approved FY26 results, recommending a final dividend of ₹0.30 per share. Amit Jain is appointed as CFO effective June 16, 2026, replacing Harshvardhan Goenka as interim CFO from June 15, 2026. The 37th AGM is scheduled for August 5, 2026, and the record date for the dividend is July 21, 2026. B. J. D. Nanabhoy & Company re-appointed as Cost Auditors.
Dividend declaration and CFO appointment are moderately impactful events for the company.
The announcement includes positive elements such as dividend declaration and appointment of CFO, along with the approval of annual results.
Laxmi Organic Industries Limited's Board of Directors approved the annual audited standalone and consolidated financial results for the year ended March 31, 2026. The board recommended a final dividend of ₹0.30 per equity share (15% of face value ₹2 each) for FY26, subject to shareholder approval at the 37th Annual General Meeting (AGM). The record date for determining dividend eligibility is set for Tuesday, July 21, 2026. The 37th AGM will be held on Wednesday, August 5, 2026, via video conferencing.
The board also approved the re-appointment of M/s B. J. D. Nanabhoy & Company as Cost Auditors for FY27, with remuneration subject to member ratification at the AGM. Mr. Amit Jain has been appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel, effective from June 16, 2026. Consequent to this appointment, Mr. Harshvardhan Goenka will cease to be the Interim CFO from the close of business hours on June 15, 2026.
For the quarter ended March 31, 2026, Laxmi Organic Industries reported a standalone revenue from operations of ₹7,233.31 million, other income of ₹26.10 million, and a profit after tax of ₹225.20 million. The consolidated revenue from operations stood at ₹7,353.10 million, other income at ₹27.14 million, and the profit after tax was ₹215.51 million.
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Laxmi Organic Industries Limited filed this with the NSE as a statutory disclosure, categorised under annual 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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