|₹283.6 / ₹201.6|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Andhra Pradesh Paper mills, currently a L N Bangur group company was originally set up by a private entrepreneur and changed hands twice in the pre-independence period because of losses. Later in the year 1953, the company was taken over by the Indian Government. Pursuant to an agreement between the Government of Andhra Pradesh and G D Somani, an Industrialist, the Andhra Pradesh Paper Mills, as we know it today, came into being. It was incorporated as one of the first Joint-Sector Companies in India. Somani later transferred his rights and obligations to the West Coast Paper Mills of the current owner L N Bangur. Currently L. N. Bangur Group is holding around 68% of the total investment.