Enter the first few characters of Company and click 'Go'

Cella Space Ltd. Company History and Annual Growth Details

Sree Sakthi Paper Mills Ltd., was launched in 1991 with an installed
capacity of 6000 Tonnes per annum with a capital investment of
Rs. 315 Lakhs. The first factory was situated at Industrial Development
Area, Edayar. Subsequently the capacity was increased to 10000
Tonnes per annum to meet the increased demand of Kraft Paper. Further
expansion was carried out in 1996 to increase the production to 12000
MT/Tonnes with an additional investment of Rs. 100 Lakhs. This unit
has gone for further expansion in 2004 with an additional investment of
277 lakhs to achieve an additional quantity of 9600 MT/ annum.

The management then decided to go in for another paper mill for
manufacture of boards. This plant was commissioned in the year 1995
with an investment of around 1100 Lakhs to produce 10000 MT/ annum.
The Company felt the necessity of installing pollution control equipments
to have a 100 % zero effluent discharge system during the earily stages
and commissioned Merk Save All system in 1995 itself. In the mean time,
the Company went for an up gradation by adding necessary equipments in
1996 with an investment of 100 Lakhs. Duplex Board unit again went for
a major expansion in 2003 to achieve 14500 MT/ annum with an investment
of 88 Lakhs. In order to meet the demand for double-coated board in the
market, the company installed a Double coated machine in 2004 with an
investment of 200 Lakhs.

MILESTONES ACHIEVED :

1993

-Paper Mill set up for manufacture of Kraft Paper with an initial Capacity of 15 tonnes per day

1994

-Production increased by 4000 MT p.a. at Kraft Unit

1995

-Duplex Board Plant commissioned with 9000 MT p.a.

1996

-Production increased by 2000 MT p.a. at Kraft Unit, Started coating at Duplex Board Unit and Installed Zero Discharge System at Duplex Unit

1998

-Colour Board production 2500 MT p.a. at Duplex Unit

1998

-Received Pollution Control Board Award for Best Unit at Duplex Unit.

1999

-Received Pollution Control Board Award for Best Unit at Kraft Unit and ISO awarded to Duplex Unit

2000

-SO 9002 awarded to Kraft Unit

2001

-Ribbed Kraft production at Kraft Unit and achieved Export of 1600MT/ Annum from Duplex Unit

2003

-Production increased at Duplex Unit by 5000 MT p.a.

2004

-Started production of Double Coated board at Duplex Unit and increased production at Duplex Unit by 6000 MT/Annum

2005

-Increase in production at Kraft Unit by 8400 MT/Annum

2006

-Sree Sakthi Paper has recommended a dividend @ 5%

2007

-Sree Sakthi Paper Mills Ltd has informed that the third kraft paper factory of the Company at Industrial Development Area, Edayar, Aluva will be commissioned on March 28, 2007.

-Sree Sakthi Paper has recommended a Dividend @ 10%

2008

-Sree Sakthi Paper has designated Email ID is [email protected] for Investor Department.

-Sree Sakthi Paper has recommended a Dividend @ 15%

2009

-Sree Sakthi Paper has recommended a Dividend @ 15%

2010

-Sree Sakthi Paper is granted with the Status Certificate of Export House by Director General of Foreign Trade (DGFT).

2011

-Sree Sakthi Paper has recommended a dividend @ 21%

2012

-Sree Sakthi Paper has recommended a dividend @ 21%

2014
- Sree Sakthi Paper Mills Ltd has recommended @6% on Equity Share Capital of the Company.

2019
-Company name has changed to Cella Space Ltd. from Sree Sakthi Paper Mills Ltd..

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