Laxmi Organic Industries has announced the resignation of its Chief Financial Officer (CFO), Mahadeo Karnik, effective April 13, 2026. The company's board expressed appreciation for his contributions during his tenure. Harshvardhan Goenka, the executive director, will take over as interim CFO starting April 14, 2026, until a permanent successor is appointed. The company has already identified a candidate for the CFO role, who is expected to join by June 15, 2026. Laxmi Organic, a prominent manufacturer of acetyl and specialty intermediates, reported a 13.3% decline in consolidated net profit to ₹25.41 crore for Q3 FY26, alongside an 8.6% drop in revenue from operations to ₹718.68 crore compared to Q3 FY25. Following the announcement, the company's stock price fell by 0.75% to ₹125.10 on the Bombay Stock Exchange.