Laxmi Organic Industries has submitted Disclosure regarding change in management pursuant to the appointment of Whole Time…
Laxmi Organic Industries (BSE: LXCHEM) said it has submitted Disclosure regarding change in management pursuant to the appointment of Whole Time Director. The company is valued at about ₹4,347 crore.
What happened
Laxmi Organic Industries (BSE: LXCHEM) informed the stock exchanges on 5 November 2026 at 08:44 PM that it has submitted Disclosure regarding change in management pursuant to the appointment of Whole Time Director.
Company snapshot
Laxmi Organic Industries is a small-cap company in the Chemicals sector, with a market value of about ₹4,347 crore.
The stock last traded at ₹156.8, against a 52-week range of ₹107.6–₹203.8 (23.1% below the high).
Before this filing the shares had moved −13.6% over the month and −14.9% over three months. Average daily turnover over the last 20 sessions was about ₹23.94 crore.
Promoters held 69.34% at the end of Q1 FY27. Foreign institutions owned 0.69% and domestic institutions 3.83%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 693 | 21.4 | 0.77 |
| Q2 FY26 | 700 | 11 | 0.41 |
| Q3 FY26 | 719 | 25.4 | 0.92 |
| Q4 FY26 | 735 | 21.6 | 0.77 |
| Q1 FY27 | 968 | 67.7 | 2.44 |
What history shows
This is not the company's first management change disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 3.7% on average the next trading day and was down 4.0% on average after five days (2 filings with price data).
Across 75 similar disclosures by other Chemicals companies, shares moved −0.2% on average the next day and +0.2% over five days; 47% of them rose the next day.
Market-wide, 4,295 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 45% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 8 Sept 2026 | Resignation of Director/KMP/SMP | −7.5% | −6.9% |
| 18 Aug 2026 | Resignation of Senior Management Personnels named 1 | +0.2% | −1.1% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 5 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Surprised By Laxmi Organic Industries' Fall? What Bears Saw
- Laxmi (LXCHEM.NS) Jumps +2.65% on Strong Momentum 2026-10-27 - Advance Decline Volume
- Laxmi Organic Industries approves Q2 FY27 financial results and director appointments
- Laxmi Organic Industries approves Q2 FY27 results and appoints new director
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.