Laxmi Organic Declares ₹0.50 Final Dividend For FY25
By Ankur Chandra | Updated at: Jun 17, 2025 12:04 PM IST
Laxmi Organic Industries Ltd (NSE: LXCHEM, BSE: 543277) has declared a final dividend of ₹0.50 per share for the financial year 2024–25. This marks the company’s fifth consecutive annual dividend, reinforcing its commitment to delivering consistent shareholder value. The proposed payout is subject to shareholder approval at the upcoming 36th Annual General Meeting (AGM), scheduled for July 31, 2025, via video conferencing.
Laxmi Organic’s dividend history over the past five years reflects a stable distribution pattern. Shareholders who held 1,000 shares in each of those years would have earned ₹2,300 cumulatively from FY21 to FY24, and with the proposed ₹0.50 per share dividend for FY25, total dividend income would rise to ₹2,800.
For retail investors, the FY25 dividend translates to ₹50 for 100 shares, ₹250 for 500 shares, and ₹500 for 1,000 shares. The ex-date and record date for the FY25 dividend will be announced in due course.
Dividend History (FY21–FY25)
| Financial Year | Dividend per Share | Ex-Date | Record Date |
|---|---|---|---|
| 2024–25 (proposed) | ₹0.50 | To be announced | To be announced |
| 2023–24 | ₹0.60 | 19-Jul-2024 | 19-Jul-2024 |
| 2022–23 | ₹0.50 | 21-Jul-2023 | 21-Jul-2023 |
| 2021–22 | ₹0.70 | 18-Jul-2022 | 19-Jul-2022 |
| 2020–21 | ₹0.50 | 14-Jul-2021 | 15-Jul-2021 |
Shareholding Pattern (as on March 31, 2025)
| Category | Shareholding (%) |
|---|---|
| Promoter & Promoter Group | 69.38 |
| Public | 30.62 |
| Employee Trusts | 0.00 |
| Total | 100.00 |
As of March 31, 2025, the company’s shareholding pattern reveals a strong promoter backing, with Promoter & Promoter Group holding a dominant 69.38% stake. The remaining 30.62% is held by public shareholders. Employee trusts currently hold no shares. This structure highlights a high level of promoter confidence in the business.
Key Board Approvals on May 20, 2025
The Board of Directors approved the audited standalone and consolidated financial statements for FY25, recommended the final dividend, and scheduled the AGM. Key governance actions included the reappointment of Mr. Harshvardhan Goenka as Executive Director for five years, effective November 1, 2025, subject to shareholder approval.
Additionally, GMJ & Associates was appointed as Secretarial Auditor for a five-year term (2025–2030), B.J.D. Nanabhoy & Co. as Cost Auditor for FY26, and Ernst & Young as Internal Auditor for two years (2025–2027). The company also extended its ESOP-2024 plan to employees of subsidiaries and associates in line with SEBI’s share-based benefits regulations.
Laxmi Organic Industries Stock Performance
At 4:03 PM IST, Laxmi Organic Industries shares dipped 1.08% on June 16, 2025, trading at ₹197.52 in the National Stock Exchange. Laxmi Organic Industries shares dipped 20% in the last year, 18.30% in the year-to-date, and gained 0.53% in the previous month.
About Laxmi Organic Industries
Laxmi Organic Industries Ltd is a leading manufacturer of acetyl intermediates and specialty chemicals, catering to pharmaceuticals, agrochemicals, and other industries. The company is listed on both NSE and BSE, with its manufacturing facilities located in Mahad, Maharashtra.
REF: https://nsearchives.nseindia.com/corporate/LXCHEM_16062025143351_coveringsigned.pdf
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