In accordance with the provisions of Regulation 30(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Laxmi Organic Industries has informed that the Board of Directors of the Company, at the Special Strategy Meet held on 29th and 30th July, 2023, have approved a capital expenditure of ? 710 crores for setting up a new manufacturing site at Dahej, Gujrat. The requisite details are enclosed.
The above information is a part of company’s filings submitted to BSE.