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Kay Power & Paper Ltd

NSE: BSE: 530255

₹8.46

(-6.10%)

Wed, 18 Mar 2026, 11:52 pm

Company 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]

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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