Data is not available for this company.
Data is not available for this company
Genus Paper Products was originally incorporated in the name of DSM Papers Limited on June 14, 1996. In 2002 the company was acquired by Kailash Industries & consequently the name of the company was changed to Kailash Paper Products on May 31, 2002. The company got its present name on July 6, 2006.
The company is incorporated to carry on the business as manufacturers, processors, fabricators, distributors, traders, stockiest, importers, exporters and dealers in all kinds and classes of
The company is incorporated to carry on the business as manufacturers, processors, fabricators, distributors, traders, stockiest, importers, exporters and dealers in all kinds and classes of paper and board processed from any suitable raw materials, including paste board, cardboard, strawboard, pulp board, leather board, mill board, corrugated board, liner board, duplex and triplex boards, hard board, ply-wood board, writing paper, printing paper, newsprint paper, absorbent paper, wrapping paper, tissue paper, blotting paper, filter paper, art paper, bank or bond paper, security paper, grease proof paper, gummed paper, parchment paper, drawing paper, Kraft paper, envelope paper, tracing paper, water proof paper, carbon paper, stationery paper, synthetic paper, photographic paper, post cards, visiting cards, etc. The company is an industrial paper manufacturer of various grades of Kraft paper and particle boards. The company is one of the few Kraft paper manufacturers having capacity of more than 50000 TPA. It also manufactures steel ingots from scrap. Genus Paper has a current capacity of 66660 TPA of Kraft paper, 5000 TPA of particle board, 23760TPA steel ingots.
The companyâ€™s manufacturing units have been established on 14.86 hectres of land in Village Aghwanpur, Kanth Road, about 3 km from the main city of Moradabad, Uttar Pradesh. The company's particle board plant is a modern, fully-automatic facility imported from Compak System, UK. This plant includes a range of bagasse-based MDI bonded plain particle board.
Range of products:Kraft paper- It has installed capacity of 66660 TPA
History of the Company:
1996 - Genus Paper Products Limited was originally incorporated as â€˜DSM Papers Limitedâ€™
2000 - The company was a sick industrial company in terms of provisions of section 3(1) of the Sick Industrial Companies (Special Provisions) Act 1985, reference was pending before the Board for Industrial & Financial Reconstruction (BIFR).
2001 - A scheme was drawn up and approved by the BIFR pursuant to a Memorandum of Understanding (MoU) dated October 5, 2001 entered into between the erstwhile shareholders of the company i.e. DSM Agro Products Ltd and Kailash Industries Ltd. Under this MoU, the paper unit, which was valued at Rs. 900 lakh, was to be transferred to a 100% subsidiary (namely DSM Papers Limited) of DSM Agro Products Ltd, and thereafter Kailash Industries Ltd was to obtain the pledge of the entire share capital of such 100% subsidiary company with voting rights and power to transfer the entire shareholding in its favour. The MOU also permitted the transfer of the shares in favour of nominees of Kailash
2002 - The company purchased a paper unit located at Aghwanpur, Moradabad, Uttar Pradesh, which comprised land, factory buildings, staff quarters, open land, plant & machinery, stores & spares, etc. The shares of the company were transferred on August 14, 2002 to persons nominated by Kailash Industries Ltd, thereby changing the shareholding and control of the company to vest with Kailash Industries.
Subsequent to acquisition of the shares, which were held by the erstwhile promoters in DSM Papers Limited by Kailash Agarwal and his relatives, and the name was changed to â€˜Kailash Paper Products Limitedâ€™ on May 31, 2002.
2003 - Completion of modernization and upgradation of existing paper plant, particularly in the pulp mill section. Installation of 14TPH multi-fuel boiler.
2004 - Installation of steel ingot plant with a capacity of 23760 TPA.
2004-2005 - Installation of a waste paper-based 140 TPD multi layer Kraft paper plant
2005 - Installation of a 6 MW co-genaration power plant
2006 - Commissioning of 140 TPD multi layer Kraft paper plant.
In 2006, it was decided that the company name be changed to include the name â€˜Genusâ€™ which was part of the name of one of the group companies, and accordingly the company changed its name yet again to â€˜Genus Paper Products Limitedâ€™.
2007 - Turnover touches Rs 500 million