Super Spinning Mills Limited — Others, 24-07-2025: Shareholders meeting

Super Spinning Mills Limited has announced the results of its postal ballot, where shareholders approved the sale, lease, or disposal of the 'Elgi Towers' land and building in Coimbatore. The special resolution passed with significant majority, with 2,37,32,527 shares voting in favour (100%) and 892 shares against. Public shareholders notably supported the proposal, with 9,05,303 shares in favour (99.90%) and 892 shares against. This approval allows the company to proceed with monetizing or restructuring this asset, potentially impacting future operations and financial position.