LAKSHMI MILLS COMPANY LTD. - Disclosure Of Materiality Of Event Under Regulation 30 Of The SEBI (LODR) Regulations 2015.

The Spinning Segment of the textile industry now faces a decline in demand both in domestic and export fronts. The industry is awaiting for improvement in market conditions and revival of demand for yarn in anticipation of the festive season. It is hereby informed that due to adverse market conditions the management has decided to lower the production process by 25-30% till such time the demand picks up. we request you to kindly take the same on record.