Binny has received an approval for sale of Coal Yard Property (Part) to an extent of 33 grounds and 523.712 Sq.Ft. situated at Govindan Street, Perambur, Chennai, for a consideration of Rs 25.50 crore to Everwin Educational and Charitable Trust (Everwin School Group), Kolathur. The board of directors at their meeting held on January 3, 2018, has approved for the same.
Binny is engaged in the business of marketing textiles goods, marketing engineering and other products, shipping related business, operating cold storage at Cochin, travel agency business approved by IATA and TAI, real estate and Container Freight Station.