India's Laxmi Organic Industries falls after MD and CEO Rajan Venkatesh resigns

Laxmi Organic Industries

09/09/2026 07:58

** Shares of India's Laxmi Organic Industries LAXR.NS fall 2.6% to 179.80 rupees
** Specialty chemicals maker says Managing Director and Chief Executive Officer Rajan Venkatesh has resigned as part of a planned leadership transition, effective November 13, 2026
** Co adds Executive Director Harshvardhan Goenka to succeed Venkatesh as MD and CEO for five-year term from November 14, 2026
** Stock up 6.3% YTD

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))