Seshasayee Paper & Boards Share Price

Seshasayee Paper

CMP as on 25-Sep-21 11:01

₹ 177.40
4.25 2.45%

Open

₹ 177.15

Turnover (lac)

₹ 2

Prev. Close

₹ 173.15

Day's Vol (shares)

₹ 1,007

Day's Range (₹)

₹ 177.15
₹ 178.05

CMP as on24-Sep-21 15:24

₹ 172.55
-3.15 -1.79%

Open

₹ 178.30

Turnover (lac)

₹ 11

Prev. Close

₹ 175.70

Day's Vol (shares)

₹ 478

Day's Range

₹ 171.55
₹ 179.00

Incorporated in 1960 and promoted by S Viswanathan and N Gopalaratnam, Seshasayee Paper & Boards manufactures and markets almost all varieties of paper boards and also effects substantial exports of not only paper and boards but also merchandise like cashew. The manufacturing capacity of paper is 115000 tpa (average weightage:82 gsm).The company derives 70% of its turnover from writing and printing paper, while the balance comes from industrial varieties like poster paper, duplex boards, kraft paper, etc. The company uses bagasse as raw material to enjoy tax benefits. The company completed the first phase (cost:Rs 10 cr) of its modernisation programme in 1994, for which it came out with a rights issue at a premium of Rs 10 in Dec.93. In the same year, the company spent over Rs 6 cr on energy conservation, financed by term loans from IDBI. It has enhanced its capacity to 115000 tpa from 69000 tpa. Companys quality systems continue to be covered by the ISO 9001 accrediation awarded by Det Norske Veritas, The Netherlands. The company is repaying its term loans for which it availed for Expansion/Modernization projects,due to the Financial Institution/Banks. A multi-purpose business paper SPRINT was launched during 2003 and the same was well accepted in the market.

  • Chairman

    N Gopalaratnam
  • Independent Director

    S Narayan
  • Independent Director

    V Sridar
  • Managing Director

    K S Kasi Viswanathan
  • Deputy Managing Director & CS

    V Pichai
  • Independent Director

    A L Somayaji
  • Independent Director

    Nanditha Krishna
  • Independent Director

    Mohan Verghese Chunkath
  • Nominee

    Sigy Thomas Vaidhyan
  • Nominee

    Shekhar Kumar Niraj
  • Nominee

    Hans Raj Verma

Registered Office

Pallipalayam,
Cauvery RS PO,Erode,
Tamil Nadu-638007

REGISTRAR OFFICE

2nd Floor Kences Tow,
Usman Road T.Nagar,Chennai-600017
INDIA