|₹15.77 / ₹0|
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?
Soma Papers & Industries(SPIL), an associate of the Parijat Enterprises Group, was incorporated in 1992 to takeover the hived of coating division of Shree Vindhya Papers. It manufactures Coated Paper & Board and Speciality Paper and Boards, like Coated paper, self copy paper, gum paper. Starting with a capacity of 6000 tpa, it has enhanced its capacity to 10,000 tpa and has diversified into related fields. The company manufacture high value coating products by coating on plastic film instead of coating on paper. Vercon Industries(formerly Vecron Syntex), 100% subsidiary of the company, has expanded its paper conversion/lamination unit at Silvassa as to include hot-stamping foils and metallised films. The company has entered into a MoU with GTC Industries for the takeover of the latter's two BIFR referred and closed paper mills i.e. Raigadh Papers and Premier Paper Mills, SPIL set up a wind mill of 550 KW at Poolvadi, Coimbatore, which has commenced production during 1996-97.