Laxmi Cotspin Limited
Incorporated in 2005, Laxmi Cotspin Ltdis in the business of cotton processing
What Laxmi files
- Others55
- Board Meeting27
- Important16
- Results4
- Dividend/Bonus1
- Updates1
Laxmi Cotspin Limited has announced its 21st AGM on September 28th, 2026. The integrated annual report for FY 2025-26 is now available online and for physical copy requests.
Laxmi Cotspin Limited has informed the Exchange regarding 'Book Closure for Annual General Meeting'.
Laxmi Cotspin reported a Q1 net loss of ₹2.00 Cr, down from profit YoY, on lower revenue. Auditors issued a qualified conclusion, citing issues with ₹43.20 Cr inventory, related-party advances of ₹7.31 Cr, uncertain creditor advances of ₹12.96 Cr, and land transfer irregularities, raising financial reliability concerns.
Auditors issued a qualified opinion on Laxmi Cotspin's Q4 & annual financial results. Concerns include improper inventory records, unapproved loan to a subsidiary, doubtful creditor advance without provision, incomplete land sale to subsidiary, and unassessed credit losses on old receivables. Subsidiaries reflect Rs 7.56 Cr assets and Rs 0.02 Cr...
Laxmi Cotspin received a qualified audit opinion on its financial results. Auditors cited issues including unverified inventory, an unapproved loan to a subsidiary, unrecovered creditor advances, an uncompleted land sale, and missing bad debt provisions. Full year EPS corrected to (Rs. 1.10) from (Rs. 1.16).