Sambandam Spinning Mills’ A R Annamalai, a shareholder from company’s Promoter Group, holding 127,520 equity shares constituting 2.99% of the company has sold 14,000 equity shares of the company on December 23, 24 to meet his personal requirements. A R Annamalai is still holding 113,520 equity shares constituting 2.66% of the company.
Sambandam Spinning Mills started operations with initial capacity of 2000 spindles. It also operates wind energy converters located in the state of Tamil Nadu. Thus, it has its own 100% power generating capacity.
Sambandam Spinning Mills started operations with initial capacity of 2000 spindles. It also operates wind energy converters located in the state of Tamil Nadu. Thus, it has its own 100% power generating capacity.
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