Commercial Credit Report for Lagnam Spintex Ltd

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	Lagnam Spintex Ltd
A-51-53, Riico Growth Centre, Hamigarh
Phone: +91 1482289210p:+91 1482289210	Bhilwara, 311001 India	Ticker: LAGNAMLAGNAM

Business Summary

Lagnam Spintex Limited is an India-based company that manufactures cotton yarn. The Company is engaged in manufacturing of ring and open-end (OE) yarn for the domestic and export market ranging from count Ne 4 to Ne 40, which are used in denim, terry towels, bottom wears, home textiles and industrial fabrics. Its products include Yarn spun on perforated tubes / Soft package for direct Dyeing (ring and OE); low twist, high RKM OE yarn; low twist yarn in OE; Cotton Open End yarn from NE 6 to NE 24; Compact Slub yarn; Cotton Ring Spun Combed Yarns from Ne 20 to Ne 40; cotton Compact Ring Spun Combed Yarns from Ne 20 to Ne 40, and others. It produces 100% cotton yarns for both knitting and weaving, which are used for multiple applications, such as denim, terry towel, knitting, shirting, sheeting, sweaters, socks, weaving, bottom wear, home textile, industrial fabric and others. It exports cotton yarns to countries, such as Portugal, Italy, Germany, Turkey, Egypt, Belgium and others.

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

Officers and Directors

Title	Name	Age	Title Date
Whole Time Chairman of the Board	Dwarka P.Mangal	74
Chief Financial Officer	Devi L.Mundra
Compliance Officer, Company Secretary	RajeevParashar		12/17/2021
5 additional Officers and Directors records available in full report.

General Information

Outstanding Shares:	17,669,000	(As of 9/30/2023)
Stock Exchange:	NSE

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