Laxmi Organic Industries Limited announced that Mr. Salil Mukundan, has been appointed as Chief Technology Officer, in the category of Senior Management Personnel of the Company with effect from April 30, 2024 Mr. Salil Mukundan boasts a rich and diverse career spanning 34 years, during which he has contributed his expertise to several esteemed organizations including Deepak Nitrite Limited, IPCA Laboratories Limited, Arch Pharmalabs Limited, and Apte Amalgamations Limited. He has completed a Bachelor of Technology (Chemical) from the Indian Institute of Technology, Mumbai in 1989. In his most recent role, he served as the Senior Vice President Technology (Global Technology Head) at Dorfketal Chemicals India Pvt Ltd. Mr. Salil will be responsible for the project to scale up phase, technology development, evaluation & transfer as well as operational excellence across operating assets of the Company.

He will lead and build capabilities to implement the technology roadmap and will be responsible for delivering CAPEXs (Projects) in line with business needs and growth strategy of the Company. Mr. Salil will be responsible for providing thought leadership and execution of Operational excellence across factories.