Super Spinning Mills Limited — Others, 23-06-2025: Shareholders meeting

Super Spinning Mills Limited has announced a board meeting to seek shareholder approval via postal ballot and electronic voting for selling, leasing, or otherwise disposing of its land and building at 'Elgi Towers' in Coimbatore. The move is part of strategic business restructuring aimed at reducing the company’s debt by utilizing proceeds from the sale. Voting will be conducted electronically through the MUFG InstaVote platform, with detailed instructions provided for shareholders to register and cast their votes. The approval process requires a special resolution passed by members, and the company emphasizes this action is in the best interest of stakeholders.