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Kalptaru Papers gets nod to modernize plant and machineries

26 Feb 2014 Evaluate

Kalptaru Papers’ board of directors at its meeting held on February 26, 2014, has approved the proposal to sell, lease or otherwise disposal of the whole or substantially the whole of any undertaking of the Company and to explore ways and means to modernize plant and machineries for high value products and to have minimized cost of production to enable the company to have large economic size with high profitability.

Kalptaru Paper, a Kalptaru Group company, always believes in offering quality products to its clientele. The journey of the company started in the year 1994 when J K Gupta, the promoter of the company shifted his base to Ahmedabad by taking over a loss making Paper Mill and turned it around in a profit making venture within a short span of time.

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