Ballarpur International Graphic Paper Holdings (BIGPH), a step down subsidiary of Ballarpur Industries, is evaluating and exploring options with International Finance Corporation (IFC) for receiving a potential investment from IFC, in a combination of debt and/or equity in BIGPH and/or its step down subsidiaries.
Any proposed investment would be subject to IFC’s management and board's approval, satisfactory documentation and satisfaction of all necessary conditions. The Company is also exploring the possibility of listing of equity shares of BIGPH at an overseas stock exchange.
Ballarpur Industries is engaged in manufacturing of wide range of papers such as coated wood free, uncoated wood free, copy paper, packaging, business stationery, industrial grades and speciality and fine paper.
