Laxmi Dental Limited Receives BSE and NSE Approvals for ESOP Share Listing

2 min read     Updated on 11 Apr 2026, 05:02 AM
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Laxmi Dental Limited has secured in-principle approvals from both NSE and BSE for listing 5.00 lakh equity shares under its Employee Stock Option Scheme 2024. The approvals come with mandatory compliance conditions including regulatory notifications, statutory approvals, and adherence to SEBI regulations before actual listing and trading can commence.

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Laxmi dental Limited has secured in-principle approvals from both major stock exchanges for listing equity shares under its Employee Stock Option Scheme 2024. The company announced these significant developments through regulatory filings, marking important milestones in its employee benefits program.

Dual Exchange Approvals

The company has now received approvals from both the National Stock Exchange of India Limited (NSE) and BSE Limited for listing up to 5.00 lakh equity shares. The NSE granted approval through letter Ref. No. NSE/LIST/52967 dated April 08, 2026, while BSE issued its approval via letter DCS/ESOP/IP/TS/017/2026-27 dated April 10, 2026.

Exchange: Reference Number Approval Date Shares Approved
NSE: NSE/LIST/52967 April 08, 2026 5.00 Lakh
BSE: DCS/ESOP/IP/TS/017/2026-27 April 10, 2026 5.00 Lakh
Face Value: Rs. 2/- each
Scheme: Laxmi Dental Employee Stock Option Scheme 2024

Listing Conditions and Requirements

Both exchanges have specified mandatory conditions that must be fulfilled before actual listing and trading of shares. The key requirements include:

  • Notification to exchanges under Regulation 10(c) after allotment of securities and credit to beneficiaries' accounts
  • Receipt of statutory and other approvals from authorities including SEBI, RBI, and MCA
  • Compliance with all exchange guidelines, regulations, and directions
  • Adherence to SEBI (LODR) Regulations, 2015 conditions
  • Compliance with Companies Act provisions and other applicable laws
  • Payment of prescribed fees as determined from time to time

Regulatory Compliance Framework

Laxmi Dental Limited has informed both stock exchanges about these developments in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approvals are granted under the Securities Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Compliance Parameter: Details
Regulatory Framework: SEBI (Share Based Employee Benefits) Regulations, 2021
Disclosure Regulation: SEBI (LODR) Regulations, 2015
Current BSE Scrip Code: 544339
Current NSE Symbol: LAXMIDENTL

Documentation and Next Steps

Both exchanges have specified comprehensive documentation requirements for final listing approval, including certified copies of statements under SEBI regulations, board resolutions for share allotment, and detailed lists of allottees. The exchanges reserve the right to withdraw approvals if submitted information is found incomplete, incorrect, or misleading.

The company has made the approval letters available on its website at www.laxmidentallimited.com and completed all necessary regulatory disclosures to both exchanges. Trading permissions will be issued by the exchanges upon receipt of notifications under Regulation 10(c) and subject to compliance with stated conditions.

Historical Stock Returns for Laxmi Dental

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%+5.42%+9.30%-40.57%-50.24%-65.47%

What percentage of Laxmi Dental's total workforce will be eligible to participate in the Employee Stock Option Scheme 2024?

How might the dilution from 5 lakh new equity shares impact existing shareholders' ownership and the company's earnings per share?

What timeline has Laxmi Dental set for completing the regulatory approvals from SEBI, RBI, and MCA required for actual share listing?

Laxmi Dental Limited Files SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 04 Apr 2026, 02:47 PM
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Laxmi Dental Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper processing of dematerialization activities and compliance with prescribed timelines. The document has been filed with BSE and NSE and made available on the company's website.

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Laxmi dental Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The Mumbai-based dental products company submitted the mandatory certificate for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 04, 2026. The certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the company's registrar and share transfer agent.

Parameter: Details
Filing Date: April 04, 2026
Quarter Covered: March 31, 2026
Regulation: SEBI Regulation 74(5)
Issuing Authority: MUFG Intime India Private Limited

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that all securities received from depository participants for dematerialization during the quarter ended March 31, 2026 were properly processed. The registrar verified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

The certificate also confirmed that security certificates received for dematerialization were mutilated and cancelled after due verification by the depository participant. The names of the depositories have been substituted in the register of members as registered owners within prescribed timelines.

Company Information

Laxmi Dental Limited, formerly known as Laxmi Dental Export Private Limited, operates from its registered office at Akruti Arcade, Andheri (West), Mumbai. The company trades on BSE with scrip code 544339 and on NSE under the symbol LAXMIDENTL.

Exchange: Trading Details
BSE Scrip Code: 544339
NSE Symbol: LAXMIDENTL
CIN: L51507MH2004PLC147394

Document Availability

The compliance certificate has been made available on the company's website at www.laxmidentallimited.com for stakeholder reference. This filing represents part of the company's ongoing regulatory compliance obligations as a listed entity on Indian stock exchanges.

Historical Stock Returns for Laxmi Dental

1 Day5 Days1 Month6 Months1 Year5 Years
-0.07%+5.42%+9.30%-40.57%-50.24%-65.47%

How might the recent rebranding of Link Intime to MUFG Intime India impact registrar services for other listed companies in the dental and healthcare sectors?

What growth strategies is Laxmi Dental likely to pursue in FY2027 given the completion of their Q4 FY2026 compliance requirements?

Could increased dematerialization activity in Q4 FY2026 signal growing institutional interest in mid-cap dental product companies?

More News on Laxmi Dental

1 Year Returns:-50.24%