Laxmi Cotspin Limited — Board Meeting, 07-08-2025: Outcome of Board Meeting

Laxmi Cotspin's board has approved the financial results for the quarter ended June 30, 2025. Consolidated revenue stood at ₹50.59 Cr, with a net profit of ₹1.30 Cr. The company is set for strategic expansion, diversifying into new products like garments and bleached cotton, and upgrading its old spinning units with latest technology. The board also appointed Mr. Gaurav Ramnivas Karwa and Mr. Vivek Mohanlal Maniyar as Independent Directors, following the resignations of two existing independent directors. Committee structures were also reorganized.