Laxmi Cotspin Limited — Others, 26-05-2025: Shareholders meeting

Laxmi Cotspin Limited has announced a board meeting to consider selling four Open-End machines at its Jalna facility after closing the Open-End division. The sale price will not be below the book value, and shareholder approval will be sought via postal ballot with remote e-voting. Managing Director Sanjay Rathi is empowered to finalize sale terms and handle related legal matters. This move is not expected to materially affect the company’s operations.