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Shree Ajit Pulp and Paper Ltd logo

Shree Ajit Pulp and Paper Ltd

NSE: BSE: 538795

₹269.80

(1.82%)

Wed, 24 Jun 2026, 10:35 pm

Company History

1995

  • Shree Ajit Pulp & Paper Ltd. was incorporated as a private limited paper-craft company on 23rd March 1995
  • The company was converted into a public limited company and its name was changed to Shree Ajit Pulp & Paper Ltd. on 13th November 1995

1996

  • The company came out with a public issue of equity shares worth Rs. 315 Lacs in October 1996

2007

  • Suresh C Shah resigned and ceased to be a director of the company with effect from 24th March, 2007
  • Jayantilal M Shah resigned and ceased to be a director of the company with effect from 24th March, 2007

2008

  • Members of the extraordinary general meeting authorized the board to borrow money including non-fund based facilities up to a sum of Rs 40 crores
  • Members of the extraordinary general meeting authorized the board to arrange or fix the terms and conditions of borrowed money and to mortgage or charge company properties

2009

  • The company recommended a dividend of Rs 0.25 per paid up equity share of Rs 10/- each
  • Mr. Hemant M Shah was appointed as Additional Director (independent Director) of the company

2010

  • Mr. G. P. Gupta was appointed as Technical Director of the company with effect from January 01, 2010
  • The company recommended a dividend of Re. 0.25 per paid up equity share for the accounting year ended on March 31, 2010

2011

  • The company recommended a dividend of Rs. 0.25 per paid up equity share for the accounting year ended on March 31, 2010.

2012

  • The company recommended a dividend of Rs. 0.25 per paid up equity share of Rs. 10/- each.

2013

  • The company recommended a dividend of Rs. 0.50 per paid up equity share of Rs. 10/- each.

2014

  • The company recommended a dividend of Rs. 0.50 per paid up equity share of Rs. 10/- each.

2022

  • Company achieved highest ever production of 9473 MT.

2023

  • Company Commenced Commercial Production At Unit-II.

2024

  • The company issued rights shares of Rs. 10 in the ratio of 2:3 at a premium of Rs. 70 per share.

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