Yellowstone Trust, on behalf of the promoter and promoter group, disclosed holding 19,22,06,496 equity shares in Laxmi Organic Industries as of March 31, 2026. The filing confirms that the shares have not been encumbered directly or indirectly during the financial year ended March 31, 2026. This disclosure was submitted to BSE Limited and National Stock Exchange Limited in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The total shareholding of 19,22,06,496 equity shares is distributed among the promoter and promoter group entities. Ravi Vasudeo Goenka, the Managing Trustee of Yellowstone Trust, signed the disclosure on April 09, 2026. The detailed breakdown of the shareholding indicates that the majority of the shares are held by Yellowstone Trust, followed by other individual promoters and group entities.

Shareholding Breakdown

The following table details the shareholding distribution among the promoter and promoter group as of March 31, 2026:

The submission was addressed to the corporate relationship departments of both stock exchanges, with a copy marked to the Audit Committee of the Board of Directors of Laxmi Organic Industries Limited. The company is headquartered at Nariman Point, Mumbai.

Laxmi Organic Industries Limited reported a consolidated net profit of ₹793.62 million for the financial year ended March 31, 2026, a decrease from ₹1,135.04 million in the previous year. Revenue from operations for the year stood at ₹28,466.67 million, down from ₹29,854.42 million in FY25. For the quarter ended March 31, 2026, the company posted a consolidated net profit of ₹215.51 million.

The Board of Directors has recommended a final dividend of ₹0.30 per equity share of face value ₹2 each for FY26, amounting to 15% of the face value. This dividend is subject to the approval of shareholders at the ensuing 37th Annual General Meeting. The Board has fixed Tuesday, July 21, 2026, as the record date to determine shareholder eligibility for the dividend.

Key Financial Metrics

The company’s standalone net profit for FY26 was ₹792.58 million, compared to ₹1,180.21 million in the previous year. Standalone revenue from operations for the year was ₹28,085.32 million. Total comprehensive income for the consolidated entity for the year was ₹788.15 million.

Operational and Board Updates

The Board approved the re-appointment of M/s B. J. D. Nanabhoy & Company, Cost Accountant, as the Cost Auditor for the financial year 2026-27, subject to ratification by shareholders. Additionally, the Board approved the appointment of Mr. Amit Jain as the Chief Financial Officer and Key Managerial Personnel, effective from the commencement of business hours on June 16, 2026. Consequently, Mr. Harshvardhan Goenka, Executive Director, will cease to hold the responsibilities of Interim Chief Financial Officer from the close of business hours on June 15, 2026.

The statutory auditors, Deloitte Haskins & Sells LLP, issued an unmodified opinion on the audited standalone and consolidated financial results for the year ended March 31, 2026. The Board also approved the convening of the 37th Annual General Meeting on Wednesday, August 5, 2026, via Video Conferencing.