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![_Investor_Feed_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1825090112713285632.png) Investor Feed [@_Investor_Feed_](/creator/twitter/_Investor_Feed_) on x 6245 followers
Created: 2025-07-28 17:07:52 UTC

💰 Laxmi Organic Industries Allocates ₹2.59B for Expansion & Innovation | MCap XXXXXXXX Cr

- ₹2,591.21 million raised via QIP (Oct 10, 2023).
- ₹360.01 million allocated for new innovation center (Mahape).
- ₹1,619.66 million for new manufacturing facility (Dahej).
- ₹506.05 million for general corporate purposes (includes ₹5.08M saved from QIP expenses).
- ₹105.49 million for offer-related expenses.
- India Ratings & Research (Fitch Group) appointed as monitoring agency.
- Audit committee & auditors confirmed no fund deviations.

Disc: Information provided in this tweet can be inaccurate, verify through the source before making any investment decision.

![](https://pbs.twimg.com/media/Gw9c_k-bUAcPIlb.jpg)

XXX engagements

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**Related Topics**
[mcap](/topic/mcap)
[investment](/topic/investment)

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