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Shri Lakshmi Cotsyn - Board Meeting on Mar 31, 2008

Shri Lakshmi Cotsyn Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 31, 2008, inter alia, to transact the following matters:

1. To re-consider the cost of expansion of Terry Towel Project & Power Plant Project of 12 mw.

2. To re-consider the means of financing including raising of equity by way of QIP / PE / PP (Private Placement) FCCB, GDR, ADR etc. in view of the unexpected turbulence in Capital Market.

3. To consider the project of “Smart Textiles” with the use of “Nano-Technology.”

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