Thambbi Modern Spinning Mills Ltd Right Issue

Thambbi Modern Spinning Mills Limited is in the business of spinning and weaving different types of fibres and yarns. The Company also involves in the trading of cotton and yarns.

The Textiles manufacturing activity of the company was closed in March'2014. The company has leased out its buildings to generate income.

The company's objective is to:

To comb, prepare, spin and deal in cotton, waste cotton, wool, silk, artificial silk, staple fibre, rayon, flax, hemp, jute and other fibrous substance; to weave or otherwise manufacture cloth, silk, linen, mercerised yarn and other goods and fabrics, whether textiles, felted, netted or looped and sell any such goods manufactured whether in wholesale or in retail.

To carry on the business of buying and selling cotton yarn, cotton, waste cotton, silk, artificial silk, staple fibre, rayon, flax, hemp, jute, worsted and woollen merchants; of yarn merchants and buyers, sellers, dealers, commission agents, brokers, exporters and importers, whether in wholesale or retail of cotton, cotton yarn, waste cotton and cloth, linen, silk, artificial silk, staple fibre, mercerised yarn, yarn, flax, hemp, jute, wool and other fibrous substances.

To purchase, sell, develop, maintain, take in exchange, or on a lease, hire or otherwise acquire, whether for investment or sale or working the same any real or personal estate including lands, mines, business, buildings, factories, commercial property.