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Laxmi Organic Names Harshvardhan Goenka CEO After Rajan Venkatesh Exit


8 September 2026
Laxmi Organic Industries Ltd.

Board approved CEO transition: Dr Rajan Venkatesh to step down Nov 13 2026; Executive Director Harshvardhan Goenka to succeed as MD & CEO for five years from Nov 14 2026, subject to shareholder nod. Extends senior churn alongside imminent CPO/CTO departures after CFO churn; handover to promoter-family insider at Dahej qualification and Vaayu completion stage puts project ownership in focus. Promoter-family succession ensures continuity but concentrates leadership; watch handoffs with no like-for-like replacements and pending shareholder nod; framed as planned despite outside move.


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