|₹189.8 / ₹74|
What is shareholding pattern? Who are shareholders?
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What are dividends?
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South India Paper Mills (SIPM), incorporated in 1959, produces writing, printing and packing paper & paper boards from it's Nanjangud factory. SIPM went public at a premium of Rs. 50 per share in Dec. 1994, to part-finance the expansion of its paper manufacturing capacity from 57 tpd to 69 tpd and to set up a co-generation facility to produce 2. 7 MW of power by processing steam, While the expanded capacity went on stream in Mar. '95, work on the co-generation project commenced in Aug. '95. The co-generation of power has considerable reduced the energy cost and improved it's cost-competitiveness.