Laxmi Organic Industries Limited — Others, 24-10-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Laxmi Organic Industries has won two significant legal appeals against MSEDCL at the Appellate Tribunal for Electricity. The first appeal concerning Wheeling Charges was dismissed, requiring MSEDCL to refund related amounts with interest to the Company. The second appeal regarding Transmission Charges has been admitted, obligating MSEDCL to reverse charges and applicable interests for all bills issued to the Company. Detailed disclosures are available on the Company's website.