Laxmi Organic Industries Limited has informed the Exchange about Monitoring Agency Report, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we hereby confirm that there has been no deviation in the utilization of IPO Proceeds from the objects stated in the prospectus dated March 18, 2021. In this regard, please see enclosed Monitoring Agency Report issued by Axis Bank Limited (Monitoring Agent) for the quarter ended September 30, 2022. We request you to take the above on record.
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