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Laxmi Cotspin Ltd
431203  India Ticker: LAXMICOTLAXMICOT

Business Summary
Laxmi Cotspin Limited is an India-based company, which is engaged in the business of cotton processing in textile industry. The Company is a manufacturer of yarn and has an existing open end and ring spinning unit to cater to the yarn markets in Maharashtra and Gujarat. The Company has production facilities located in Marathwada and Vidarbha region at Samangaon, which is situated in the Jalna district of State of Maharashtra. Its business is spread among home textiles, weaving sector, Denim manufactures and hosiery manufacturers. The Company has a capacity of 16,800 spindles with compact, lycra and slub attachment. It has an open end unit with approximately 1,200 Rotors. The Company has started Organic Cotton Farming Project and Better Cotton (BCI) Project in Jalna District in approximately 13,200 acre of cultivation land and yield capacity of initially 55,000 quintals Kapas (11,000 BCI certified own ginned cotton bales).

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
IRA CQ
Score
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes------

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20163/31/2016Yes----

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
Compliance Officer, Company Secretary Pooja V.Potdar 29 3/14/2016 3/14/2016
6 additional Officers and Directors records available in full report.

General Information
Outstanding Shares: 17,147,670 (As of 9/30/2016)
Stock Exchange: NSE


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Wednesday, May 20, 2020