Laxmi Organic Industries Limited has announced about a recent development pertaining to the wholly owned subsidiary, Yellowstone Fine Chemicals Private Limited (YFCPL).

YFCPL has successfully commissioned the 1st phase of its manufacturing facility located at G-60, MIDC, Lote Parshuram, Dhamandevi, Dist. Ratnagiri, Maharashtra. Going ahead, YFCPL's primary focus over the next few months will be on operationalizing the entire site in phased manner and ensuring a seamless stabilization of operations without any compromise on safety.