Laxmi Dental Limited has addressed stock exchange inquiries regarding unusual trading activity in its shares, confirming that recent volume increases are market-driven with no underlying corporate developments requiring disclosure.

Exchange Communication Details

The company received an inquiry from the National Stock Exchange of India (NSE) on January 20, 2026, at 6:10 PM seeking clarification on the increased trading volume in Laxmi Dental's securities. The response was formally communicated to both NSE and BSE on the same day.

Regulatory Compliance Statement

Laxmi Dental emphasized its commitment to regulatory compliance, stating that the company has been consistently making all requisite disclosures to stock exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company assured continued adherence to these regulations.

Key Clarifications

The company provided specific clarifications regarding the trading volume surge:

• No unpublished price sensitive information exists that requires disclosure under Regulation 30 of SEBI LODR Regulations
• No corporate events have become due for disclosure
• The volume movement in shares is purely market-driven
• All necessary regulatory disclosures have been made as required

Corporate Information

Laxmi Dental Limited, formerly known as Laxmi Dental Export Private Limited, operates from its registered office in Mumbai. The clarification was signed by Chief Financial Officer Dharmesh Dattani and made available on the company's website at www.laxmidentallimited.com for stakeholder reference.

Laxmi Dental Ltd. enters a crucial phase as its one-year shareholder lock-in period concludes on Tuesday, January 20, potentially impacting trading dynamics for the recently listed healthcare company. According to Nuvama Alternative & Quantitative Research, this development will make a substantial portion of the company's equity available for market transactions.

Lock-in Details and Market Impact

The end of the lock-in period will see 7.1 million shares, representing 13% of the company's outstanding equity, become eligible for trading. Based on Monday's closing price of ₹235.50, these shares carry a collective value of ₹167 crores.

It is important to note that the conclusion of the lock-in period does not guarantee that all eligible shares will be immediately sold in the open market. The shares simply become available for trading at the discretion of their holders.

Current Shareholding Structure

As per the December quarter shareholding pattern disclosed to exchanges, the company maintains a diverse ownership structure across various investor categories.

The retail shareholding has shown growth, increasing from 7.30% at the end of the September quarter to 8.20% in December. This category includes approximately 40,000 shareholders with authorized share capital of up to ₹2 lakhs each.

Stock Performance Challenges

Laxmi Dental shares have faced significant headwinds since their post-listing performance peak. The stock has experienced a substantial correction across multiple timeframes:

The shares reached their post-listing high of ₹584 at the start of the previous year before entering a prolonged downward trend. The current trading level of ₹235.50 represents a significant departure from both the IPO price of ₹428 and the peak performance levels.

Market Outlook

The conclusion of the lock-in period represents a key technical event for Laxmi Dental, as it increases the available float of shares in the market. While this does not automatically translate to selling pressure, it provides existing shareholders with increased liquidity options. The company's diverse shareholder base, including significant mutual fund participation and growing retail interest, may influence how the market responds to this development.