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AMJ Land Holdings Ltd

NSE: AMJLAND BSE: 500343

₹38.23

(1.19%)

Mon, 30 Mar 2026, 07:41 am

Company History

1964

  • The company was incorporated on 19th November, at Mumbai.
  • The company was promoted by Pudumjee Paper Mills Pvt. Ltd.
  • The main objective of the company is to manufacture all varieties of paper, paper boards, paper products and cellulose pulp.
  • The company entered into a technical collaboration agreement with Alberto Marsoni and Cartiera F.A. Marsoni, Italy for the manufacture of greaseproof and glassine papers.

1965

  • 6,200 shares were issued to directors, etc.
  • 18,500 shares were allotted without payment in cash to members of Pudumjee Paper Mills Pvt. Ltd. on its merger.

1966

  • 25,300 No. of equity shares were taken up by directors etc.
  • 30,000 Pref. and 50,000 No. of equity shares were offered to the public on 30.11.1966.

1968

  • Commercial production of paper was started in January.

1972

  • Equity shares of Rs. 10 each were subdivided into shares of Rs. 10 each.

1975

  • 5,00,000 No. of equity shares were issued in the proportion 1:2.

1978

  • 7,50,000 Bonus shares were issued in Prop. 1:2.
  • Pref. shares were redeemed on 1.3.1979.

1982

  • The company issued 1,50,000 - 13.5% secured partly convertible debentures of Rs. 100 each as rights in the proportion of 1 debenture: 15 equity shares.
  • 4,50,000 Bonus Equity shares were issued in prop. 1:5.

1983

  • 3,75,000 No. of equity shares were issued at par to the debentureholders on part conversion of debentures.

1984

  • The company entered into a collaboration agreement with a firm in West Germany to manufacture xerox papers, papers for computer stationery and other superior grades of paper.

1987

  • Profits were reduced due to higher provisions for depreciation and interest payments.

1988

  • The company was able to earn substantially larger profits.
  • The 18% debentures were redeemable in three equal yearly instalments commencing from 25th February, with a premium of 5% payable with the second instalment.

1991

  • The company issued 19% and 18% non-convertible debentures aggregating Rs. 300 lakhs to LIC Mutual Fund and ANZ Grindlays Bank Plc.

1993

  • The company issued 10,25,000 No. of equity shares of Rs. 10 each at a premium of Rs. 190 per share.

1994

  • The normal production could not be achieved at the new pulp mill and prices of imported pulp were high and continued to increase.

1995

  • The company proposed to instal a plant for cogeneration of steam and electricity as also for generating electricity by wind power.
  • The company proposed to enter the business of leasing and hire purchase.
  • 41,00,000 Bonus equity shares were allotted in the ratio of 1:1.

1996

  • The company purchased a paper making machine from Germany for manufacturing high quality soft tissues.

1999

  • The 19% debentures were redeemable on 16th February, together with a redemption premium of 5%
  • Pudumjee Investment and Finance Co. Ltd. became a wholly owned subsidiary of the company.

2002

  • The company recommended a dividend at the rate of Rs.1.50 per equity share of Rs.10 each

2003

  • The company recommended a dividend at the rate of Re.1.00 per equity share of Rs. 10 each

2005

  • The company recommended a dividend at the rate of Rs 1.20 per equity share of Rs 10 each

2006

  • The company recommended a dividend at the rate of Rs 1.20 per equity share of Rs 10 each

2007

  • The company recommended a dividend at the rate of Rs 1.20 per equity share of Rs 10 each

2008

  • The company designed an E-mail ID for Investors Complaints.

2009

  • The company split its face value from Rs10/- to Rs 2/-.

2010

  • The company recommended a dividend at the rate of Re. 0.30 per Equity share of Rs. 2/- each

2011

  • The company recommended a dividend at the rate of Re. 0.30 per Equity Share of Rs. 2/- each

2012

  • The company recommended a dividend at the rate of Re. 0.30 per Equity share of Rs. 2/- each

2013

  • The company recommended a dividend at the rate of Re. 0.30 per Equity share of Rs. 2/- each
  • Mr. Arun Kumar Jatia was appointed as Chairman of the Board.
  • Mr. Ved Prakash Leekha was appointed as Managing Director of the Company.

2014

  • The company recommended a dividend at the rate of Re. 0.30 per Equity share of Rs. 2/- each
  • Ms. Preeti Mehta was appointed as an additional Director on the Board of the Company.

2017

  • The company name was changed to AMJ Land Holdings Ltd. from Pudumjee Pulp & Paper Mills Ltd.

2018

  • The company entered into a Memorandum of Understanding with G Corp Group for the joint development of the land at Village Ranjoli, District Than.

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