Pursuant to provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Laxmi Organic Industries has informed that the Company has entered into a Memorandum of Agreement on September 30, 2022 with Welspun Corp Limited ('Welspun' or 'Seller') for purchase of land, civil structures (excluding plant & machinery) of Welspun's unit situated in the Dahej, in the state of Gujarat.
The above information is a part of company’s filings submitted to BSE.