Emami Paper Mills has received an approval to avail term loan of Rs 130 crore from ICICI Bank, Kolkata as per draft Terms sheet. The Finance Committee of the Board of Directors at its meeting held on March 26, 2019, approved the same.
Emami Paper is a part of Emami Group which possesses diverse business interests in FMCG, edible oil, paper, writing instruments, healthcare, retail departmental stores and real estate. The Company specializes in the manufacture of newsprint, writing and printing paper and Multilayer Coated Board.