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Laxmi Organic Industries restarts plant operations after maintenance

The shut down of the operations took place to undertake and attend the planned maintenance activities, the company said.

September 26, 2022 11:19 IST | India Infoline News Service
Laxmi Organic Industries Limited has announced that Company's plants located at Mahad Industrial Area, MIDC, Raigad, Maharashtra, India have been shut down for twenty-one (21) days from August 21, 2022 to September 10, 2022.

As per the filing, the shut down of the operations took place to undertake and attend the planned maintenance activities.

Now, the company updated that maintenance work is completed and the plants have started the operations in staggered manner. The company will continue to increase its capacity utilisation in next few weeks, it said in a regulatory filing.

At around 11:18 AM, Laxmi Organic was trading at Rs332.05 per share lower by 5.34% as against previous closing of Rs350.80 per share on the BSE. 

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