Sri Ramakrishna Mills Coimbatore has informed that, in pursuance of Clause-Ill(32) of the Memorandum of Association, the Company intends to commence the real estate operations during the year in the surplus land available in Ganapathy, Coimbatore. Accordingly, the Company has entered into an agreement with a real estate developer on July 15, 2015 to develop the land.
The above information is a part of company’s filings submitted to BSE.