Balkrishna Paper Mills has received its board’s approval to raise the funds to the tune of Rs 25 crore by issuing 25,00,000, 9% Cumulative redeemable Preference Shares of face value of Rs 100 each. The company’s board gave approval for the same at the meeting held on May 27, 2017.
Balkrishna Paper Mills is a pioneer in the field of Coated Duplex boards which are used for packaging by various industries such as Pharmaceuticals, Toiletries, Cosmetics and Health Care Products, Readymade Garments, Instant Food Products, Match Boxes, Incense Sticks, besides many other packaging requirements.