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Pudumjee Paper Products to acquire stake in MITCON Solar Alliance

17 Dec 2019 Evaluate

Pudumjee Paper Products has executed a Deed of Amendment to the Shareholders’ Agreement with MITCON Solar Alliance for the acquisition of additional 12 lakh equity shares of MITCON Solar Alliance, a Special Purpose Vehicle.

The Agreement is to facilitate purchase of ‘Power’ and consequently the acquisition of shares may enable the Company to meet its Renewable Purchase Obligation.

Pudumjee Paper Products has two business divisions, namely, ‘Paper Division’ and ‘Hygiene Division’. The Paper Division manufactures Specialty Papers and Hygiene Division of the company undertakes conversion of tissue products to value add a part of the production.

Pudumjee Paper Share Price

90.43 -0.38 (-0.42%)
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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