Sambandam Spinning Mills has disposed one of its non-core asset at Udumalpet district, Tamil Nadu. The total sale consideration is Rs 135.30 lakh.
Assets includes very old windmill machine with zero value and its surrounded vacant land (land measuring around 45 acres) situated at Udumalpet district, Tamil Nadu.
Sambandam Spinning Mills is engaged in operating five mills. The company also operates wind energy converters located in the state of Tamil Nadu