DCM Shriram has sold its textile spinning unit located at Swatantra Bharat Mills, Tonk in state of Rajasthan as a running business for a lump sum consideration of Rs 17.12 crore. The sale has been effected on June 24, 2014.
DCM Shriram is a diversified company with business in agriculture, chemicals, plastics, cement, textiles and energy services. DCM Shriram had transferred its PVC compounding business to Shriram Vinyl, last year.