Shree Ajit Pulp and Paper Limited commences commercial production at Unit 2

After having pioneered the Indian Kraft Paper Industry for more than two decades with satisfied channel partners and having enjoyed their patronage & support in catering to domestic as well as global market with consistent quality, Shree Ajit Pulp and Paper Limited announced that it has successfully commenced commercial production at its new unit i.e. Shree Ajit Pulp And Paper Ltd Unit (II) located at Plot No.1, Plot 1/B, 1st Phase, GIDC, Vapi- 396195, Dist. Valsad, Gujarat w.e.f 17th July, 2023.

With this, the company is venturing in light weights (40 to 120 gsm) with HIGH TENSILE/TEAR performance kraft paper. The quality will meet global standards, which will directly replace imports and also facilitate the export of such grades, a MAKE IN INDIA initiative.

The above unit was acquired from N R Agarwal Industries Limited.

Shares of Shree Ajit Pulp And Paper Ltd was last trading in BSE at Rs. 297.65 as compared to the previous close of Rs. 305.90. The total number of shares traded during the day was 8983 in over 87 trades.

The stock hit an intraday high of Rs. 310.00 and intraday low of 289.00. The net turnover during the day was Rs. 2674921.00.

Source : Equity Bulls

Keywords

ShreeAjitPulpAndPaper INE185C01017 Unit2 CommercialProduction KraftPaper