Citadel Realty & Developers Ltd Share Price

Summary

Citadel Realty and Developers Limited (Formerly known Rohit Pulp & Paper Mills Limited), a unit of Marathon Group was incorporated on July 26, 1960. The name of the Company was changed from Rohit Pulp & Paper Mills Limited to Citadel Realty and Developers Limited on September 24, 2008. The Company is presently specialized into the Slum Rehabilitation Project to rehabilitate a slum in Bhandup, which is in the eastern suburbs of Mumbai. The Company, currently developing project with Shree Swami Smarth Builders in a joint venture in Bhandup.The company diversified into the manufacture of secondary lead and alloys and set-up a metal division at Daman. The company is the pioneer in introducing the technology for the manufacture of bleached varieties of printing and writing paper from rice straw and agricultural waste, thus helping the nation in the conservation of its precious forest resources. The company received the National Energy Conservation Award for three consecutive years from the IBPL Urja Energy Conservation Board, and has been acknowledged by the Government of India for its outstanding record in the field of energy conservation.RPPM has undergone modernisation-cum-expansion of its pulp mills, and has achieved flexibility in using bagasse as an alternative raw material. Its plant to generate electricity by installing wind turbine generators for its captive consumption was commissioned during 1996-97 at a cost of Rs 19.50 Crores. Company already commissioned Diesel Gener
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