Laxmi Organic Industries Limited has submitted its quarterly compliance certificate to stock exchanges BSE and NSE, confirming adherence to SEBI depositories regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the compliance certificate on April 08, 2026, as required under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was prepared by MUFG Intime India Private Limited, which serves as the company's registrar and share transfer agent.

Certificate Confirmation

MUFG Intime India Private Limited confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed according to regulatory requirements. The registrar verified that security certificates received for dematerialization were confirmed or rejected within prescribed timelines.

The certificate specifically noted that no requests for dematerialization or rematerialization were received during the quarter ended March 31, 2026. This indicates stable shareholding patterns with minimal conversion between physical and electronic form of securities.

Stock Exchange Communication

The compliance certificate was submitted to both major Indian stock exchanges where Laxmi Organic Industries shares are listed. The company secretary and compliance officer Aniket Hirpara signed the communication to the exchanges, ensuring proper regulatory disclosure.

This quarterly compliance filing demonstrates Laxmi Organic Industries' commitment to maintaining regulatory transparency and adherence to SEBI's depositories regulations, providing assurance to investors and market participants about proper handling of share transfer processes.

Laxmi Organic Industries Limited has completed the allotment of 63,694 equity shares under its Employee Stock Option Plan 2020, as announced to the stock exchanges on April 3, 2026. The allotment was approved by the Nomination and Remuneration Committee of the Board of Directors through circular resolution in accordance with the terms of the ESOP-2020 Scheme.

Share Allotment Details

The allotment comprises equity shares with a face value of ₹ 2/- each, issued for cash consideration. These newly allotted shares carry identical rights and rank pari passu in all respects with the existing equity shares of the company.

Exercise Price Structure

The share allotment involved two different exercise price categories reflecting the varying terms under the ESOP scheme:

Impact on Share Capital

Following the allotment, the company's share capital structure has been updated to reflect the increased equity base:

Regulatory Compliance

The allotment has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also complied with Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, providing detailed disclosure of the share allotment.

The shares are listed on both the Bombay Stock Exchange and National Stock Exchange of India Limited. The company filed the initial statement under regulation 10(b) with the stock exchanges on November 16, 2021, with filing numbers BSE: 143006 and NSE: 29247. No lock-in restrictions apply to the newly allotted shares, and no listing fees are payable for this allotment.