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Sundaram Multi Pap to close down Nagpur Paper Unit

15 Nov 2014 Evaluate

Sundaram Multi Pap has received an approval to permanently close down Nagpur Paper Unit with immediate effect subject to the completion of necessary formalities. The board of directors at their meeting held on November 14, 2014 has approved for the same.

Sundaram Multi Pap manufactures exercise books and other paper stationery products for education & corporate sector. The company caters to the need of domestic market with strong presence in the state of Maharashtra & Gujarat.

Peers
Company Name CMP
DOMS Industries 2125.80
Flair Writing Ind. 240.15
Kokuyo Camlin 76.00
Linc 92.00
Sundaram Multi Pap 1.18
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