Laxmi Organic Industries Ltd

Pursuant to regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we herby inform 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 statement of deviation and variation for the quarter ended June 30 2023.We request you to take the above on record.