AMJ Land Holdings Ltd
NSE: AMJLAND BSE: 500343
₹38.23
(1.19%)
Mon, 30 Mar 2026, 07:41 am
Market Cap1.56B
PE Ratio7.83
Dividend0.53
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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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800