Shri Lakshmi Cotsyn has received an approval whereby the board considered the status of Corporate Debt Restructuring (CDR) proposal and approved the appointment of IDBI Capital Market Services in addition to Brescon Corporate Advisors for advising on CDR proposal. The board at its meeting held on May 15, 2013 has approved for the same.
Shri Lakshmi Cotsyn is engaged in manufacturing of blended suiting, shirting and dress material, denim, terry towels, microdot fusible interlining, industrial fabric (defence), embroidery, lace fabric, quilted fabric, wider width sheeting fabrics, and bottom wear fabrics.