Laxmi Cotspin Limited — Board Meeting, 05-05-2025: Outcome of Board Meeting

Laxmi Cotspin has announced a board meeting which approved a temporary shutdown of its open-end yarn manufacturing division (1824 rotors) due to weak market demand. Power load has been scaled down from 2048 KVA to 1350 KVA during this pause. The company expects this move won’t significantly impact its overall operations.