Super Spinning Mills Limited — Board Meeting, 18-06-2025: Outcome of Board Meeting

Super Spinning Mills has announced a board meeting on which it approved the plan to sell, lease, or otherwise dispose of its land and building at 'Elgi Towers', Coimbatore, subject to shareholder approval via a postal ballot. This asset contributed ₹48.40 lakhs to revenue (7.3%) and ₹1164.36 lakhs to net worth (25%) in the last financial year. The company is yet to identify buyers but confirmed no related parties are involved. The decision aims at optimizing asset utilization and enhancing shareholder value.