Company History - Shri Lakshmi Cotsyn
-The Company has tied up with the Dubai-based Global Impact to sell
half of the 20 million metre of denim fabric that will be annually
produced at its new plant in Uttar Pradesh.
-The Company is setting up a new plant as per an investment plan
worth Rs 264 crores
- Company has changed its name from Shrivatsa International Ltd. to
Shri Lakshmi Cotsyn Ltd
-Shri Lakshmi Cotsyn forms JV with UK based Company.
-The Company has appointed Mr J V Rao as an Independent Director of
-The Company raises US$ 10 million.
-The Board recommended the dividend @ 20% (Rs 2/- per Equity Share of
Rs 10/- each).
-The Company Launches India's first eco-friendly textile brand
-Commissioning of state-of-art garment factory with capacity of 6.6
million pieces p.a. at Roorkee, Uttaranchal.
-Further Expansion with the diversification into new product lines -
Nylon coated fabric - 1.25 MMPA.
-The Board of Directors of the Company has recommended a Dividend of
20% (i.e. Rs. 2/- per share).
-The Company commenced the production of 360 degree protected
-The Company aquired a unit at noida to manufacture comforters to
produce 3 pieces.
-The Company has enhanced Terry Towel Capacity from 3000 TPA to 15000
-The company has commenced its part commercial production of the new
spinning unit with the installed Capacity of 10,000 spindles.
-M/s Shri Lakshmi Defence Solutions Ltd., a wholly owned subsidiary
of Shri Lakshmi Cotsyn Ltd has entered into an agreement with
Ukrinmash, a State Foreign Trade and investment firm of Ukraine for
the supply of 100 nos. armored vehicles.
-Expansion of Denim as well as diversification in flex fabric.
-The company recommended a Dividend of 30% (i.e. Rs. 3/- per share)
on equity share of the Company.
-The company has recommended a Dividend of 10% (i.e. Rs. 1/- per