 "Binny Ltd to acquire windmill and set up spinning unit")
Mohan Breweries and Nandha Energy are related parties, as the company's board members are present in both these companies, according to the company's annual report for 2012-13.
The board has directed the company to evaluate the feasibility for establishment of Spinning Mills manufacturing unit and later, the proposal shall be recommended to the Board of Directors for approval.
It has also directed the Company to work out modalities for taking long term lease of 18 MW Biomass based Power Plant, it said.
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