May 20, 2022 04:01 PM
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Pudumjee Agro Industries was incorporated in Dec.`65 as a private limited company to run a paper mill at Bombay under the name F Pudumjee & Company Pvt Ltd. It became a deemed public limited company in May `77 and was converted into a public limited company in Jan.`86. In 1993, its name was changed to the present one. In Mar.`76, the mill was completely destroyed by fire. The company installed and commissioned an imported second-hand paper machinery at Thergaon in Pune in 1978. In Apr.`77, it became a subsidiary of Pudumjee Pulp & Paper Mills (PPPML). In 1985, the company expanded its capacity to 11,000 tpa with the installation of another imported paper machine. It ceased to be a subsidiary of PPPML in Feb.`87. Another machine was installed with a capacity of 21,500 tpa. One of the old machines installed in 1978 was phased out which reduced the installed capacity to 20,000 tpa. The company manufactures a wide range of paper such as crepe tissue, hygiene tissue, MG tissue, carbon tissue; wrappers for fruits, flowers and food; poster paper, kraft paper, etc. Amalgamation of Kapil Agro (KAL) -- a sick company referred to the BIFR -- with the company in 1990 was done to broadbase its activities. KAL had a solvent extraction plant in Madhya Pradesh which manufactured solvent oil and de-oiled cakes with a capacity of 40,000 tpa of seed crushing.
|AGM Date (Month)||:||Aug|
|Face Value Equity Shares||:||2|
|Market Lot Equity Shares||:||1|
|Book Closure Date (Month)||:||Aug|