Pursuant to regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Laxmi Organic Industries has confirmed that there has been no deviation in the utilization of IPO Proceeds from the objects stated in the prospectus dated March 18, 2021. In this regard, the company enclosed statement of deviation and variation for the quarter ended September 30, 2021.
The above information is a part of company’s filings submitted to BSE.