AMJ Land Holdings has received approval for acquisition of 1,70,58,769 equity shares of Pudumjee Paper Products, from 3P Land Holdings (formerly known as Pudumjee Industries). The Company holds 0.72% of the equity share capital of Pudumjee Paper Products.
With additional equity shares of Pudumjee Paper Products, the company will restructure Shareholding in Group Company. Post-acquisition, the Company will hold upto 18.69% of the equity share capital of Pudumjee Paper Products.
AMJ Land Holdings (formerly Pudumjee Pulp & Paper Mills) primarily engages in the development of real estate properties in India. The company operates through Real Estate, Power, and Others segments.