Data is not available for this company.
Data is not available for this company
Mysore Paper Mills, (MPM) was incorporated on May 20, 1936 under the then Mysore Companies Regulation, VIII of 1917. MPM was founded by Krishnaraja Wodeyar Bahadur in 1937 the Maharaja of erstwhile Mysore State. Later it became a government company in 1977 under Section 617 of the Companies Act, 1956. The company has its registered Office at Bangalore and its plant located at Bhadravati, Shimoga District, Karnataka State.
While Government of Karnataka holds 65% of the shares of the
While Government of Karnataka holds 65% of the shares of the company, IDBI and other financial institutions hold 18% of the shares and shareholding by the general public is 17%. The company is managed by an eminent board of directors consisting of IAS, IFS and other professionals.
The Mysore Paper Mills Limited, a premier Karnataka Government Company is engaged in the manufacture of about 1.3 lakh MTs of paper.
MPM with 5000 employees has its own township. About 15000 families of the cane growers who supply sugarcane to the company are directly dependant on this company and many more depend indirectly. The direct and indirect contribution by MPM to the local economy is about Rs.200 Cr P.A.
Product range of the company includes:
The product mix consists of writing, printing and packing paper (WPP), newsprint and sugar.The by-products are: molasses and bagasse
Writing & Printing
Newsprint - Newsprint are marketed only to RNI Registered Newspaper Publishers Sugar & Molasses - Free Sale Sugar is sold to any Trader having KVAT/CST Registration