Laxmi India Finance Limited (LAXMIINDIA) — Board Meeting | 13 May 2026

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📢 Key Event
Monitoring Agency Report confirms full utilization of IPO proceeds for capital augmentation and share issue expenses.

💡 Investor Takeaway
Shareholders can view this as confirmation of disciplined fund deployment with no material deviations impacting financial plans.

Laxmi India Finance Limited disclosed that CARE Ratings' Monitoring Agency Report confirmed full utilization of Rs. 165.17 crore raised via IPO for capital augmentation and share issue expenses, with no deviations from offer document objectives or timing, and no material changes observed in the quarter ended March 31, 2026.

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About Laxmi India Finance Limited (LAXMIINDIA)

Financial Services · Finance · Listed on NSE

Market Cap: ₹724.8 Cr P/E: 13.2

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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