For utilisation of spare capacity
Lambodhara Textile announced that the Company is entering into Lease Agreement with, Suriya Spinning Mills Unit B and Sri Akkamma Textiles to utilize their spare capacity of 3,024 spindles and 6,048 spindles respectively for conversion of fiber into yarn. The said conversion of fiber into yarn is to commence from November 2016. This will enhance the spinning capacity of the Company and will have an impact on the overall performance of the Company.Powered by Capital Market - Live News
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