Lakshmi Overseas Industries Ltd. announced that till now the company was following Financial Year as 1st October to 30th September. Keeping in view Section 2(41) of the Companies Act, 2013, the Board of Directors at their meeting has decided to extend the financial year (2012-13) up to March 31, 2014 subject to approval from Registrar of Companies. Therefore, the current Financial Year of the company would be from October 01, 2012 to March 31, 2014 i.e. of 18 months and accordingly the company will be submitting the financial results in conformity of the listing agreement.

Subsequent financial years of the company will be commencing from 1st April and ending on 31st March.