SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Seshasayee Paper gets nod to secure environmental clearances for expansion

19 Jun 2023 Evaluate

Seshasayee Paper and Boards has received in-principal approval from the Board to secure environmental clearances to take up expansion work of its project under the Mill Development Plan-IV in Erode facility. The proposed plan is to augment the production capacity of pulp and paper at its manufacturing unit in Tamil Nadu. 

The enhanced pulping capacity would help the company to replace the costlier purchased pulp and reduce the overall cost of manufacturing per tonne of paper in the unit at Tirunelveli and the Servalakshmi unit. The company has filed the necessary applications with the Ministry of Environment and Forests for Climate Change for Environment Clearances.

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.


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
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×