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Laxmi Organic Industries informs about allotment of shares under ESOP

02 Apr 2025 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Laxmi Organic Industries has informed that Nomination and Remuneration Committee of the Board of Directors of the Company on Tuesday, April 01, 2025 by circular resolution, has in accordance with the terms of ESOP -2020 Scheme, allotted 42,692 equity shares of face value ?2 each in the share capital of the Company for cash at par to the eligible employees of the Company who exercised their stock options under ESOP-2020. These shares shall rank, in all respects with the existing equity shares of the Company. After allotment of aforesaid equity shares, the share capital of the Company stands increased from 55,40,47,626 to 55,41,33,010.

The above information is a part of company’s filings submitted to BSE.

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