.The Company was incorporated as Laxmi Organic Industries Limited at Mumbai, Maharashtra as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 15, 1989, issued by the RoC. the Company received a certificate for commencement of business on December 20, 1989, pursuant to the provisions of the Companies Act, 1956.Major events and milestones of the Company :1992- Commission of the AI Manufacturing Facility at Raigad for manufacturing of glacial acetic acid 1996 Commenced production of ethyl acetate2004- Installation of two windmills at Chitradurga district, Karnataka with capacities of 0.6 MW each.- Receipt of ISO 9001-2000 certifications for manufacture and marketing of ethyl acetate, acetic acid and absolute alcohol.2006- Installation of windmill at Ghatnandre, Sangli, Maharashtra with capacity of 1.25 MW2008- Expansion of ethyl acetate manufacturing capacity at the AI Manufacturing Facility to 51,000 MT- Setting up of distillery at Jarandeshwar2010- Acquisition of Clariant's ketene/diketene business and expansion into diketene and diketene derivatives products by commissioning of the SI Manufacturing Facility- Receipt of ISO 14001:2009 and OHSAS 18001:2007 certifications for manufacturing and marketing of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol2011- Increase from 8,900 MT to 13,380 MT in the capacity of diketene and diketene derivatives and expansion of ethyl acetate capacity to 120,750 MT- Setting up of DSIR approved R&D centre at the SI Manufacturing Facility2012- Investment by the International Finance Corporation in the Company2013- Incorporation of the Subsidiary, Laxmi Organic (Europe) B.V., in Netherlands, Europe- Incorporation of the Subsidiary, Laxmi Petrochem Middle East FZE in Sharjah2018- Commissioning of the hydro-electric power project at Yedgaon2019- Receipt of DSIR registration for the Rabale Innovation Centre2020- Acquisition of assets from Miteni by VLPL2021- Receipt of USDA Certified Biobased Product label from U.S. Department of Agriculture for ethyl acetate- Signing of definitive agreements for the YCPL Acquisition- Receipt of ISO 45001:2018, ISO 9001:2015 and ISO 14001:2015 certification for the manufacturing, marketing and sales of ethyl acetate, acetic acid and its derivatives, acetaldehyde and absolute alcohol- Investment in Cleanwin Energy One LLP, which is engaged in the business of generation of renewable energy to acquire 26% stake, and execution of a power purchase agreement in connection therewith.