Laxmi Cotspin Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting

Laxmi Cotspin's Board has approved the incorporation of a wholly-owned subsidiary, 'Laxmi Style & Design Private Limited'. This new entity will focus on manufacturing, trading, and exporting readymade garments, marking the company's expansion into the apparel sector. Laxmi Cotspin will invest Rs. 1 lakh for a 100% stake in the subsidiary. This strategic move aligns with the company's broader business interests, aiming to tap into the textile and fashion market. Further updates will follow once the subsidiary is fully incorporated.