 The bankruptcy has dealt a severe blow to SSI units in Kanpur, who were engaged in feeding critical and propriety items to LML since early 1980s, with many closing down or facing huge financial burden on themselves.New finance were obtained from Credit Suisse July 2006 and other institutions and the factory reopened on 8 March 2008 to manufacture geared Vespa style scooters, primarily for export.In the year 2008, LML appointed K K Shangloo as Special Director on the Board of Company under the provisions of Sick Industrial Companies (Special Provisions) Act, 1985.