Soni Shailesh Karwa has resigned from the position of Company Secretary and Compliance Officer at Laxmi Cotspin Limited , effective from the close of business hours on June 1, 2026. The resignation was submitted due to personal and professional commitments, with no material reasons cited for the departure.

In the resignation letter addressed to the Board of Directors, Karwa requested that the resignation be accepted and recorded. The outgoing officer also urged the company to file the necessary forms and intimations with the Registrar of Companies, Stock Exchange(s), and other regulatory authorities as required.

Karwa expressed gratitude to the Board, management, and colleagues for their support and cooperation during the tenure. The company is now expected to initiate the process of appointing a new Company Secretary and Compliance Officer to ensure continued regulatory compliance.

Resignation Details

Laxmi Cotspin Limited has confirmed that its promoters and promoter group have not created any encumbrance, directly or indirectly, on their shares during the financial year ended March 31, 2026. The disclosure ensures that the shareholding structure remains free from undisclosed charges, providing transparency to shareholders regarding the promoters' holdings.

The confirmation was submitted by Mr. Sanjay Kachrual Rathi on behalf of the promoter group to the National Stock Exchange of India Limited. The filing was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (SEBI) (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation mandates periodic disclosures to prevent any substantial acquisition of shares that might affect the company's control or ownership without proper regulatory oversight.

The letter explicitly stated that no new encumbrances were made other than those already disclosed during the financial year. This assurance is critical for maintaining investor confidence, as it indicates that the promoters' shares are not being used as collateral for loans or other financial obligations that could potentially impact the company's stability. The company secretary, Soni Karwa, forwarded the disclosure to the exchange for record-keeping purposes.