Laxmi Organic Industries Ltd commissions 1st phase of Synthetic Organic Chemicals facility

Laxmi Organic Industries Limited has received the Consent to Operate (CTO) from the Gujarat Pollution Control Board (GPCB) for the first phase of its Synthetic Organic Chemicals manufacturing facility situated at Dahej, Village Jolve and Vadadala, District Bharuch, Gujarat ("Dahej Site"). Consequent to the receipt of the CTO, the Company has successfully commissioned this first phase at the Dahej Site.

The Company has also successfully dispatched its first shipment of products from the Dahej Site, marking a significant milestone in the commencement of commercial operations.

Going forward, the Company's primary focus over the next few months will be to operationalise the entire Dahej Site in a phased manner, while ensuring seamless stabilisation of operations with the highest standards of safety, efficiency, and quality.

Shares of Laxmi Organic Industries Limited was last trading in BSE at Rs. 201.75 as compared to the previous close of Rs. 207.65. The total number of shares traded during the day was 13859 in over 439 trades.

The stock hit an intraday high of Rs. 208.25 and intraday low of 201.10. The net turnover during the day was Rs. 2824838.00.

Source : Equity Bulls

Keywords

LaxmiOrganicIndustries INE576O01020 SpecialtyChemicals GPCB CTO Dahej ManufacturingFacility OrganicChemicals