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Company Profile

SHREE AJIT PULP & PAPER LTD.

NSE : NABSE : 538795ISIN CODE : INE185C01017Industry : Paper & Paper ProductsHouse : Private
BSE234.95-0.25 (-0.11 % )
PREV CLOSE (Rs.) 235.20
OPEN PRICE (Rs.) 233.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 811
TODAY'S LOW / HIGH (Rs.)228.10 239.85
52 WK LOW / HIGH (Rs.) 158.94 297.25
NSE
This Company is not listed in NSE

Company News

Date Heading Details
16-May-2024 Shree Ajit Pulp and Paper informs about newspaper advertisement <p style="text-align: justify;">Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shree Ajit Pulp and Paper has informed that it enclosed a copy of newspaper advertisement notice, published in The Indian Express (English) and Sandesh (Gujarati) on 16th May, 2024 in compliance of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 as amended from time to time.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.<br><br></p><div style="text-align: justify;"><br></div><div><br></div>
23-Mar-2024 Shree Ajit Pulp and Paper informs about details of loss of certificate <div style="text-align: justify;">Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shree Ajit Pulp and Paper has enclosed intimation / information received from Registrar and Share Transfer Agent i.e. Link Intime India regarding the loss of share certificates / Stop transfer.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
23-Mar-2024 Shree Ajit Pulp and Paper informs about resignation of director <div style="text-align: justify;">In continuation to BSE intimation dated March 22, 2024, Shree Ajit Pulp and Paper has informed that Nawal Kishor Modi (DIN: 00722024) vide letter dated March 22, 2024, has tendered his resignation as an Independent Director of the Company, with effect from close of business hours on March 22, 2024 and the same was accepted by the Board of Directors at its Meeting held on March 22, 2024. Further, the Company has also received confirmation from Nawal Kishor Modi that there are no material reasons for his resignation other than those mentioned in his resignation letter dated March 22, 2024, and the same is enclosed. The updated details along with additional details as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 is attached as ‘Annexure-A'. This intimation is also being uploaded on the Company's website i.e. www.shreeajit.com</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
02-Mar-2024 Shree Ajit Pulp and Paper informs about loss of share certificates <p style="text-align: justify;">Pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shree Ajit Pulp and Paper has informed that it enclosed intimation / information received from its Registrar and Share Transfer Agent - Link Intime India, regarding the loss of share certificates / Stop transfer.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div>
23-Feb-2024 Shree Ajit Pulp And Paper informs about credit rating <div>Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shree Ajit Pulp And Paper has informed that ICRA has downgraded the credit rating of the Company. The long term Rating has been revised to [ICRA]A- (pronounced ICRA A minus) from [ICRA]A (pronounced ICRA A) and the short-term Rating has been revised to [ICRA]A2+ (pronounced ICRA A two plus) from [ICRA]A1 (pronounced ICRA A one) (Rating). Hence, the new credit rating of the company is [ICRA]A-(Negative)/[ICRA]A2+.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
12-Jan-2024 Shree Ajit Pulp and Paper informs about certificate <p style="text-align: justify;">Shree Ajit Pulp and Paper has informed that it enclosed the certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for the quarter ended 31st December, 2023 received from Link Intime India, Registrar and Share Transfer Agent of the Company.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div>
05-Dec-2023 JSW Infrastructure, KPI Green Energy and Mahindra Finance to see some action today <p style="text-align: justify;"><b>JSW Infrastructure</b> has signed a Share Purchase Agreement (SPA), through its subsidiary, JSW Dharamatar Port, with SP Port Maintenance (a Shapoorji Pallonji Group Company) to acquire majority shareholding of PNP Maritime Services (PNP Port), an operating port company located at Shahbaj, Raigad district, Maharashtra, which is about 20 nautical miles from Mumbai Anchorage. The acquisition values PNP Port at an enterprise value of around Rs 700 crore with a current capacity of 5 million tonnes per annum (MTPA) and potential to expand to 19 MTPA.</p><p style="text-align: justify;"><b>KPI Green Energy </b>has acquired 9,990 equity shares representing 99.90% shareholding of KPark Sunbeat (KPark). The object of acquisition of the share of the KPark is to consolidate solar power projects of the KP Group under single entity i.e., KPI Green Energy in order to achieve benefits of scale. This will enable the Company to dynamically allocate the resources in the best possible ways and achieve the ambitious target to touch combined renewable energy capacity of 1,000 MW by 2025.&nbsp;</p><p style="text-align: justify;"><b>Mahindra &amp; Mahindra Financial Services </b>(Mahindra Finance) has reported overall disbursement at around Rs 5,300 crore in November 2023, delivering a 16% growth over previous year. The YTD November 2023 disbursements at about Rs 36,000 crore registered a growth of 16% Year-on-Year.</p><p style="text-align: justify;"><b>Cupid </b>has acquired a new land parcel in an Industrial Area near Mumbai. This move is set to remarkably increase the company's production capabilities, enhancing its position in the global market. The acquisition will enable Cupid to amplify its production capacity by 1.5 times the existing output. As a result, the annual production capacity will be augmented by approximately 770 million male condoms and 75 million female condoms. This expansion is in addition to the current production capacity of 480 million male condoms and 50 million female condoms.&nbsp;</p><p style="text-align: justify;"><b>ICICI Bank</b> has integrated its RuPay Credit Cards with UPI transactions, enhancing the payment convenience for its customers. With this integration, ICICI Bank customers can simply link their RuPay Credit Cards to UPI to carry out Person-to-Merchant (P2M) transactions online- such as shopping, payment of utility bills and offline- such as payments at a POS (point of sale) machine -- in an effortless and secure manner. Further, they can earn reward points on their spends, improving their digital payment experience.</p><p style="text-align: justify;"><b>Techknowgreen Solutions</b> has received one Purchase / Work order amounting to Rs 18 crore (excluding of Taxes) from Duet India Hotels (Navi Mumbai).</p><p style="text-align: justify;">The plant of <b>Shree Ajit Pulp and Paper</b> at Unit-I had been shut down from 10th November, 2023 to December 03, 2023 to carry out upgradation and modernization of its plant and machinery. The operations during these period were suspended and the production process has been resumed on December 04, 2023.&nbsp;</p>
29-Jul-2023 Shree Ajit Pulp and Paper informs about details of loss of certificate <div style="text-align: justify;">Shree Ajit Pulp and Paper has informed that duplicate share certificate have been issued to shareholders of the Company. A copy of the Register of Duplicate Share Certificate received from the RTA is enclosed.&nbsp;</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.&nbsp;</div>
17-Jul-2023 Shree Ajit Pulp and Paper commences commercial production at new unit in Vapi <p style="text-align: justify;">Shree Ajit Pulp and Paper has commenced commercial production at new unit i.e. Shree Ajit Pulp And Paper Unit (II) located at 1st Phase, GIDC, Vapi, District Valsad, Gujarat with effect from July 17, 2023. With this, the company is venturing in light weights (40 to 120 gsm) with High Tensile/Tear performance kraft paper. The quality will meet global standards, which will directly replace imports and also facilitate the export of such grades, a Make in India initiative.&nbsp;</p><p style="text-align: justify;">Shree Ajit Pulp &amp; Paper is engaged in manufacturing different varieties of Kraft Paper of 120-220 GSM and Bursting Factor (BF) ranging from 16 to 28.&nbsp;</p><div style="text-align: justify;"><br></div>
06-Jul-2023 Shree Ajit Pulp And Paper informs about press release <div style="text-align: justify;">Shree Ajit Pulp And Paper has informed that it enclosed a copy of Newspaper Advertisement Notice to the Shareholders in respect of 28th AGM, published in ‘The Indian Express' and ‘Sandesh' on 6th July, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>