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JK Paper’s arm temporarily shuts manufacturing plant in Telangana due to weak demand

25 Aug 2020 Evaluate

JK Paper’s subsidiary -- Sirpur Paper Mills has temporarily shut its manufacturing plant in Telangana due to weak demand owing to the coronavirus pandemic. The COVID-19 pandemic and the consequent lockdowns in various parts of the country have weakened the demand of products of the aforesaid subsidiary due to which its management has decided to temporarily shut down its manufacturing operations.

JK Paper (JKPL) is engaged in paper manufacturing business.

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