No results for ‘’
Kay Power & Paper Ltd
NSE: BSE: 530255
₹9.78
(2.69%)
Tue, 22 Sept 2026, 08:58 pm
Market Cap (in Cr)34.24
PE Ratio29.88
Dividend0
Process Industries
Pulp & Paper
24.5KCompany History
1991
- Kay Pulp And Paper Mills Limited was incorporated as a private limited company on 15th May in Mumbai.
- The Company was promoted by Niraj Chandra and Praveen Chandra.
- The Company started manufacturing Kraft Paper.
1993
- Kay Pulp And Paper Mills Limited was converted into a public limited company on 21st June.
1995
- The Company issued 43,80,000 No. of equity shares of Rs 10 each at a premium of Rs 5 per share.
1996
- The Company undertook to expand its installed capacity for manufacture of kraft paper from 9900 tonnes to 15000 tpa.
- It was proposed to install a power generation plant for captive consumption.
1997
- The overall working was affected by workers' slowdown agitation in the last quarter and strike in February.
- The company proposed to install a bagasse based combustion boiler to produce 4 MW of power.
- 17,00,000 shares were allotted to promoters, directors etc.
- 1,60,000 shares were allotted to Western Maharashtra Development Corpn. Ltd.
2001
- The Board of the company made an allotment of 44 lakh No. of equity shares of Rs 10 each fully paid-up to the promoters and their associates.
2003
- Delisting of shares from Delhi and Ahmedabad Stock Exchanges.
2008
- Company name was changed from Kay Pulp And Paper Mills Ltd to Kay Power And Paper Ltd.
- The company designated an E-mail ID for Investors Complaints: [email protected]