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Seshasayee Paper and Boards emerges as successful bidder for acquisition of assets

20 Sep 2022 Evaluate

Seshasayee Paper and Boards has emerged as the successful bidder in the e-auction held on September 19, 2022 for the acquisition of the assets (Land, Building and Plant and Machinery) of Servalakshmi Paper (Corporate Debtor - In Liquidation), on liquidation on a going concern basis.

Seshasayee Paper and Boards (SPB), the flagship company belonging to ‘SPB-ESVIN GROUP’, owns and operates. It operates an integrated pulp, paper and paper board Mill.

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