Company Lagnam Spintex Limited

Equities

LAGNAM

INE548Z01017

Textiles & Leather Goods

Market Closed - NSE India S.E. 05:13:49 10/05/2024 pm IST 5-day change 1st Jan Change
143.6 INR -1.98% Intraday chart for Lagnam Spintex Limited -9.54% +63.15%

Business Summary

Lagnam Spintex Limited is an India-based company that manufactures cotton yarn. The Company is engaged in manufacturing of ring and open-end (OE) yarn for the domestic and export market ranging from count Ne 4 to Ne 40, which are used in denim, terry towels, bottom wears, home textiles and industrial fabrics. Its products include Yarn spun on perforated tubes / Soft package for direct Dyeing (ring and OE); low twist, high RKM OE yarn; low twist yarn in OE; Cotton Open End yarn from NE 6 to NE 24; Compact Slub yarn; Cotton Ring Spun Combed Yarns from Ne 20 to Ne 40; cotton Compact Ring Spun Combed Yarns from Ne 20 to Ne 40, and others. It produces 100% cotton yarns for both knitting and weaving, which are used for multiple applications, such as denim, terry towel, knitting, shirting, sheeting, sweaters, socks, weaving, bottom wear, home textile, industrial fabric and others. It exports cotton yarns to countries, such as Portugal, Italy, Germany, Turkey, Egypt, Belgium and others.

Number of employees: 460

Sales per Business

INR in Million2022Weight2023Weight Delta
Cotton Yarn
95.6 %
3,313 95.1 % 2,912 95.6 % -12.10%
Export Incentives
2.2 %
98 2.8 % 68 2.2 % -30.57%
Waste
2.2 %
74 2.1 % 67 2.2 % -9.49%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
3,484 100.0 % 3,047 100.0 % -12.57%

Managers

Managers TitleAgeSince
Chief Executive Officer 41 12/10/12
Director of Finance/CFO 63 13/11/13
Compliance Officer 27 01/18/01

Members of the board

Members of the board TitleAgeSince
Chairman 75 -
Director/Board Member 74 10/18/10
Director/Board Member 75 23/17/23
Chief Executive Officer 41 12/10/12
Director/Board Member 42 10/18/10
Director/Board Member 70 10/18/10
Director/Board Member 46 21/20/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 17,669,000 17,522,010 ( 99.17 %) 0 99.17 %

Company contact information

Lagnam Spintex Ltd.

A 51-53, RIICO Growth Centre Hamirgarh

311001, Bhilwara

+91 91 1642 0111

http://www.lagnamspintex.com
address Lagnam Spintex Limited(LAGNAM)
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