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Shree Rama Newsprint Ltd. Company History and Annual Growth Details

The Company was incorporated on July 10, under the Companies Act, 1956.The certificate of commencement of business was obtained on July 17. The Certificate of Registration for transfer of the company's registered office to Gujarat was obtained on May 11,1993.

We are India’s largest private sector Newsprint and Printing & Writing Paper manufacturing Company at a single location in India, meeting 22% of India's newsprint production capacity. Set up with an equity of Rs. 233 crores (US $50 million) and Spread over 450 acres of land in Village Barbhodhan, Gujarat, the Company is managed by a professional Board of Directors having vast experience in related fields.

The mill is equipped to manufacture Newsprint and Printing & Writing Paper from Virgin Pulp as well as Non-Conventional raw materials. The company has also demonstrated deep commitment to the cause of preserving the environment, by setting up a state of the art facility for manufacture of Environ friendly Chlorine free paper.

The fact that the Company has its captive power plant and captive water works, means uninterrupted power and water supply leading to non-stop production. A contributing feature is the in-house engineering workshop for preventive maintenance and repairs leading to continuous improvisation of process, quality and productivity.

Technical collaboration with world leaders in the newsprint industry and aided by a highly qualified and committed workforce of about 500 personnel has now seen us diversify into synergetic industries as well as establish an export presence in Asia and Africa.

1991

-The Company is setting up a new industrial undertaking for the manufacture of 61,380 tonnes per annum (tpa) of newsprint, 40,000 tpa of writing and printing paper and 24,000 tpa of coated magazine paper.

1992

-The Company has signed Technical Licence Agreement with the foremost Newsprint manufacturer for the most advanced De-inking Technology.

1995

-Rama Newsprint and Papers Ltd. has taken up Rs. 415 crore expansion -cum -modernisation programme.

1999

-Rama Newsprint had entered into a technical collaboration with Garden State Paper Company Inc of New Jersey, USA, for providing the know-how for the washing technology for de-inking old newsprint.

2000

-The Company has allotted 38,132,129 No. of equity shares to ICICI Ltd.

2002

-Rama Newsprin has allotted 2867871equity shares to ICICI Bank

2007

-Rama Newsprint & Papers has designated E-mail ID for Investors Complaints: [email protected]

2008
- Rama Newsprint & Papers Ltd has appointed Shri. Haigreve Khaitan as Additional Director of the Company.

2013
- The Company stands changed from "Rama Newsprint and Papers Limited" to "Shree Rama Newsprint Limited".

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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