The company is planning for next project in coimbatore. Letter enclosed
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The Board of Directors of Sri Ramakrishna Mills (Coimbatore) Ltd, at its meeting on January 12, 2026, approved a proposal for the company's next project. The company has completed its earlier real estate project in Coimbatore (announced in July 2015) and is now planning a new project at the same property located at 1493, Sathyamangalam Road, Ganapathy, Coimbatore. To carry out this project, the company has entered into a development agreement with M/s. Infinium Developers LLP, Coimbatore. No specific project cost, timeline, or revenue projections have been disclosed in this intimation.
The announcement signals continued real estate development activity on the company's Coimbatore land parcel, which could unlock future value for shareholders, but the lack of financial details (project cost, expected returns, timelines) limits immediate visibility on earnings impact.