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Laxmi Organic Industries Ltd logo

Laxmi Organic Industries Ltd

NSE: LXCHEM BSE: 543277

₹141.48

(1.48%)

Wed, 25 Feb 2026, 05:55 am

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Company History

1989

  • The company received a certificate for commencement of business.
  • The company was incorporated as Laxmi Organic Industries Limited at Mumbai, Maharashtra.

1992

  • The company commissioned the AI Manufacturing Facility at Raigad for manufacturing of glacial acetic acid.

1996

  • The company commenced production of ethyl acetate.

2004

  • The company installed two windmills at Chitradurga district, Karnataka with capacities of 0.6 MW each.
  • The company received ISO 9001-2000 certifications for manufacture and marketing of ethyl acetate, acetic acid and absolute alcohol.

2006

  • The company installed a windmill at Ghatnandre, Sangli, Maharashtra with a capacity of 1.25 MW.

2008

  • The company expanded ethyl acetate manufacturing capacity at the AI Manufacturing Facility to 51,000 MT.
  • The company set up a distillery at Jarandeshwar.

2010

  • The company acquired Clariant’s ketene/diketene business and expanded into diketene and diketene derivatives products.
  • The company received ISO 14001:2009 and OHSAS 18001:2007 certifications for manufacturing and marketing of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol.

2011

  • The company increased diketene and diketene derivatives capacity from 8,900 MT to 13,380 MT.
  • The company expanded ethyl acetate capacity to 120,750 MT.
  • The company set up a DSIR approved R&D centre at the SI Manufacturing Facility.

2012

  • The International Finance Corporation invested in the company.

2013

  • The company incorporated Laxmi Organic (Europe) B.V. in Netherlands, Europe.
  • The company incorporated Laxmi Petrochem Middle East FZE in Sharjah.

2018

  • The company commissioned the hydro-electric power project at Yedgaon.

2019

  • The company received DSIR registration for the Rabale Innovation Centre.

2020

  • VLPL acquired assets from Miteni.

2021

  • The company received a USDA Certified Biobased Product label from the U.S. Department of Agriculture for ethyl acetate.
  • The company signed definitive agreements for the YCPL Acquisition.
  • The company received ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certification for manufacturing, marketing and sales of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol.
  • The company invested in Cleanwin Energy One LLP and executed a power purchase agreement.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800