Laxmi Organic Industries Limited — Board Meeting, 29-10-2024: Outcome of Board Meeting

Laxmi Organic Industries Limited's Board of Directors approved unaudited standalone and consolidated financial results. Additionally, the Board authorized capital expenditures for a n-Butyl Acetate plant in Dahej and an Ethyl Acetate plant in Lote, Maharashtra, each with a proposed capacity addition of 70 KTA and investments of ₹914 million and ₹905 million, respectively. Both projects aim to meet increasing customer demand and will be financed through a combination of internal accruals, debt, and equity.