Dhanlaxmi Crop Science Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Dhanlaxmi Crop Science has announced a board meeting outcome approving the financial results for the quarter and half-year. The company posted revenue of Rs 63.71 Cr with net profit aligned to audited figures. Its recent IPO raised Rs 23.8 Cr by issuing 43.28 lakh shares at Rs 55 each, with proceeds mainly supporting working capital and general corporate needs. IPO expenses of Rs 2.65 Cr were adjusted against securities premium, and about Rs 10 Cr of the IPO funds remain parked in fixed deposits. No dividends or other corporate updates were declared.