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Seshasayee Paper submits proposal for Servalakshmi Papers

07 May 2019 Evaluate

Seshasayee Paper and Boards has submitted a Proposed Draft Composite Scheme of Compromise / Arrangement with the Creditors and Members of Servalakshmi Papers (SPL) (Company under Liquidation) and Scheme for Amalgamation with Seshasayee Paper and Boards.

The Scheme is being submitted by the Company to the Liquidator of SPL only as a proposed draft scheme, in response to the invitation by liquidator, and currently no agreement has been finalised to acquire SPL.

Seshasayee Paper & Boards operates an integrated pulp, paper and paper board Mill. The product range of the company includes MF I and MF II, MG, Yankee and MF3.

Seshasayee Paper Share Price

270.95 1.70 (0.63%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
JK Paper 375.20
TN Newsprints 140.05
West Coast Paper 492.00
Emami Paper Mills 75.24
Seshasayee Paper 270.95
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