Summary
Sambandam Spinning Mills Ltd (SSML) was incorporated in 1973. The Company is into the business of manufacture of Yarn (cotton, synthetic, etc.) and Fabric. It has 4 manufacturing locations around Salem, 12.35 MW Wind Energy Converters located in Tirunelvelli District, Tamil Nadu State and 9MW of solar energy plants which produce electricity for its own consumption and for sale. The Company manufactures yarn at its three spinning mills in Tamil Nadu, of which two are in Salem district and one in Coimbatore district. It allotted bonus shares in the ratio of 1:2 in May 94. Subsequently, in Aug.94, it offered rights at a premium of Rs 40 per share. Presently, the total installed spinning capacity of the mill is 47,356. SSL went public in Jan.95 at a premium of Rs 40 to part-finance its expansi Read More
Reports by Sambandam Spinning Mills LTD
Reports by Sambandam Spinning Mills LTD
