Super Spinning Mills Temporarily Suspend Manufacturing At Its Andhra Pradesh Unit
Super Spinning Mills Limited informs that it has been proposed to temporarily suspend the manufacturing activities at one of the plant Super Sara situated at Beerapalli, Andhra Pradesh, for a period of 2 months w.e.f. April 30, 2018, due to modernization process.The other details are annexed below:
| S. No. | Disclosure on the closure of operations of any unit/division (entirety or piecemeal). | |
| 1 | Date of such binding agreement, if any, entered for sale of such unit/division, if any. | Not Applicable. |
| 2 | Amount & percentage of turnover or revenue or income and net worth of the listed entitycontributed by such unit ordivision during the last financial year | Figures based on the financial year 2016-17 a) Turnover of the unit is Rs.40,30,47,476/- b) Percentage of turnover to total income 13.75%
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| 3 | Date of closure or estimated time of closure | Two months from April 30, 2018 |
| 4 | Reason for closure | Modernization of unit |
