Commercial Credit Report for Laxmi Cotspin Ltd

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	Laxmi Cotspin Ltd
Gut No.399, Samangaon-Kajla Road
In Front Of Meenatai Thakare Vridhashram
	431203 India	Ticker: LAXMICOTLAXMICOT

Business Summary

Laxmi Cotspin Limited is an India-based company. The Company is engaged in the business of cotton processing in the textile industry with its production facilities located in cotton growing areas of the Marathwada region at Samangaon, which is situated in the Jalna district of the State of Maharashtra. The Company is a manufacturer of yarn. It has ring spinning and open-end unit to cater to the yarn markets in Maharashtra and Gujarat. Its business is spread among home textiles, the weaving sector, denim manufacturers and hosiery manufacturers through open end yarn and ring spun yarn. It also manufactures 100% quality cotton combed and carded hosiery/ warp conventional, organic and better cotton initiative (BCI) yarn in the count range of 10s Ne to 40s Ne for the purpose of exporting to Asian and European countries. The Company’s factory is located in the middle of the cotton growing areas of Marathwada and Vidarbha regions at Samangaon, 12 kilometers (km) away from Jalna.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	3/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2281	Yarn spinning mills
0131	Cotton

Officers and Directors

Title	Name	Age	Title Date	Start Date
Non-Executive Chairman of the Board	RajeshBansal	56	9/25/2006	9/25/2006
Chief Financial Officer	AnupGindodiya	31	7/22/2016	7/22/2016
Chief Compliance Officer, Company Secretary	Soni S.Karwa		4/1/2023	4/1/2023
6 additional Officers and Directors records available in full report.

General Information

Outstanding Shares:	17,147,670	(As of 9/30/2023)
Stock Exchange:	NSE

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