Emami Paper Mills Ltd - EMAMI PAPER Share Price

Summary

Emami Paper Mills Ltd is the largest newsprint manufacturer in India. The company is a paper mill based on recycled - fiber located in Balasore (Orissa) and Kolkata (West Bengal). The company is a constituent of the Emami Group, which possesses diverse business interests comprising FMCG, edible oil, writing instruments, healthcare, retail departmental stores and real estate.The company supplies newsprint to some of the largest dailies like The Times of India, Anandabazar Patrika, The Telegraph, Hindusthan Times, The Hindu, Prabhat Khabar, Samaj, Bartaman, Dainik Bhaskar, Dainik Jagaran, Malayam Manorama and Deccan Herald. Their Writing & Printing papers are distributed through dealers and also directly supplied to Govt Printing Presses/ Text Book Presses.Emami Paper Mills Ltd was incorporated on Sept 26, 1981 with the name Gulmohar Construction Industries Ltd. The factory in Kolkata was originally promoted by Wimco in the year 1964. In 1989, it was taken over by the company. In March 27, 1990, the company changed their name from Gulmohar Construction Industries Ltd to Gulmohar Paper Ltd. The unit became sick in the year 1990. During the year 1990-91, Emami joined as a strategic partner. In the year 2000, Emami Paper Mills Ltd, with a factory at Balasore, Orissa was merged with Gulmohar Paper Ltd and the name of the company was changed from Gulmohar Paper Ltd to Emami Paper Mills Ltd with effect from December 29, 2000. In the year 2004, the company commissioned the brick... Read More