Kay Pulp and Paper Mills Limited was incorporated on the 15th May, 1991 as a Private Limited Company and became Public Limited Company on 9th July 1993 promoted by Mr. Niraj Chandra, a third generation entrepreneur from Chandra Family.
The Company is engaged in the manufacture of MG Kraft Paper. Its plant is located at Borgaon (Satara district), Maharashtra, with an annual capacity of 21000 tonnes. The Company also has a Power Plant having the generation capacity of 6 M.W. Commercial production commenced in Mar.'94.
In 1995, the company increased the installed capacity to 15,000 tpa to manufacture quality kraft paper by installation of certain balancing equipment and setting up of additional facilities at its plant.
During 1996-97, its has imlemented the second machine for lowe ...r grammage and the commercial production has commenced.
In 1998-99, most of the formalities for the Co-Generation of Power Plant have been completed and trial runs are expected within the projected time.
The Power Plant project has been fully completed and the company's paper division is mainly running on the Captive Power generation.
The Company was declared as a sick industrial unit by BIFR in January, 2007 and thereafter filed the Rehabilitation Scheme through Operating Agency M/s. Indian Renewable Energy Development Agency Ltd (IREDA) to the BIFR. Power Division was operated during 1st April 2009 to 7 June, 2009.
During the financial year 2015-16, Company expanded its current capacity of paper division from 15000 TPA to 20000 TPA. In 2022-23, the Company installed a new boiler of six tons per hour capacity which got commissioned in June 2023. Besides, the new wire part
machinery also commissioned in June 2023.
1. Can I buy Kay Power & Paper Ltd from PL Capital? ›
Yes, you can invest in Kay Power & Paper Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Kay Power & Paper Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Kay Power & Paper Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Kay Power & Paper Ltd pay dividends? ›
Kay Power & Paper Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Kay Power & Paper Ltd ? ›
As of
04-11-2025 the share price for Kay Power & Paper Ltd. is 14.89 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Kay Power & Paper Ltd ? ›
The 52-week high and low of Kay Power & Paper Ltd share price is ₹ 11.8 - ₹ 43.99 as of
04-11-2025 .
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