Laxmi Organic Industries Limited (LOIL), a prominent player in the chemical manufacturing industry, has received Environmental Clearance (EC) from the State Environment Impact Assessment Authority (SEIAA), Gujarat. This clearance is a significant step towards the establishment of the company’s new Synthetic Organic Chemicals Manufacturing facility at Dahej, located in Village Jolve and Vadadala, District Bharuch, Gujarat.

This regulatory approval, granted on April 30, 2025, ensures that Laxmi Organic can now proceed with its ambitious plan to expand its operations and diversify its product portfolio. The new facility is designed to house best-in-class infrastructure for the production of Essential and Speciality chemical products, aiming to increase the company’s manufacturing capacity while adhering to eco-friendly practices.

Impact of the Approval:

The receipt of the Environmental Clearance is crucial for Laxmi Organic, enabling the company to move forward with its manufacturing project. This new plant will play a vital role in the company’s long-term strategy, particularly in increasing global competitiveness through innovation, product diversification, and capacity enhancement.

Dr. Rajan Venkatesh, Managing Director and CEO of Laxmi Organic, expressed his enthusiasm about the project, saying, “The receipt of the Environmental Clearance for our upcoming Dahej site marks a major milestone. The new facility will enhance our product offerings and contribute significantly to our next phase of growth. With our strong foundation, customer relationships, and ongoing R&D efforts, we are well-positioned to meet the increasing demand for Essential and Speciality chemicals globally.”

Facility Highlights:

• The Dahej manufacturing site will feature state-of-the-art chemical production units designed to meet international safety and environmental standards.

• The facility is strategically located to cater to the growing demand for chemical products in India and abroad, offering significant capacity for both Essentials and Specialities products.

• The project will be equipped with advanced technology and systems, ensuring efficient operations, high safety standards, and a minimal environmental footprint.

About Laxmi Organic Industries:

Laxmi Organic Industries Limited is a leader in the manufacture of Speciality chemicals and Solvents in India. The company has a diverse product portfolio, catering to various industries including Pharmaceuticals, Agriculture, and Food and Beverages. Laxmi Organic is committed to creating innovative, sustainable, and customer-centric products while ensuring compliance with the highest environmental standards.

As the company expands its footprint with this Dahej facility, it continues to focus on sustainability, innovation, and regulatory excellence, underlining its leadership in the global chemical manufacturing sector.

Additional Disclosures:

• The clearance was obtained from the State Environment Impact Assessment Authority (SEIAA), Gujarat, under the Ministry of Environment, Forest, and Climate Change.

• The new site is crucial for the expansion of manufacturing capacity and will have a significant impact on the company’s long-term growth strategy.

• The company will keep the stock exchanges informed of any developments or issues related to the Environmental Clearance as per the guidelines under Regulation 30 of SEBI (LODR).

This approval is just the beginning of a transformative journey for Laxmi Organic, paving the way for sustainable growth, increased production, and enhanced global competitiveness in the chemical manufacturing industry.

The Upcoming IPOs in this week and coming weeks are Srigee DLM, Manoj Jewellers.

The Current active IPO are Wagons Learning, Kenrik Industries, Arunaya Organics.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.