Laxmi Organic Industries schedules annual meeting, outlines executive changes

Laxmi Organic Industries has announced its 36th Annual General Meeting (AGM) scheduled for July 31, 2025, to be held via video conference. Key items on the agenda include the re-appointment of directors Rajeev Goenka and Rajan Venkatesh, who are retiring by rotation. Shareholders will also vote on the re-appointment of Mr. Harshvardhan Goenka as a Whole-time Director with a revised compensation package, taking effect November 1, 2025. There is also a revision to the remuneration for Executive Chairman Mr. Ravi Goenka and Managing Director & CEO, Dr. Rajan Venkatesh. Further, the company seeks approval to extend the benefits of its Laxmi Employee Stock Option Scheme 2024 to employees of subsidiary and associate companies. Also on the agenda is the ratification of the remuneration of the Cost Auditors for the financial year ending March 31, 2026, and the appointment of Secretarial Auditors for a term of five years. Shareholders will also receive the annual report via a web link.