Laxmi Cotspin Limited — Others, 07-08-2025: Resignation

The company's board has announced its financial results for the quarter ended June 30, reporting a total income of 51.09 Cr and a net profit of 1.30 Cr. The board also approved key strategic moves: diversifying into garments and bleached cotton to expand product lines and market reach. Additionally, it sanctioned replacing old spinning units with new, advanced machinery to boost efficiency and product quality. The company also saw changes in its independent directors, with two new appointments and two resignations, leading to a reconstitution of the Nomination & Remuneration Committee.