Nikita Papers Share price

Our Company was incorporated as a Private Limited Company in the name “Nikita Papers Private Limited” pursuant to a certificate of incorporation dated August 18 1989 issued by the RoC in accordance with provisions of the Companies Act 1956.Pursuant to conversion of the company from private to public under section 43A(1A) of the Companies Act 1956 the name of our Company was changed from “Nikita Papers Private Limited”to “Nikita Papers Limited”by deleting the word Private and a fresh certificate of incorporation consequent to change of name was issued on June 12 2003.KEY EVENTS AND MILESTONES:1989- Incorporated as a Private Limited Company1992- Establishment of Unit in Shamli (U.P) for Kraft paper production with a capacity of 30 Tons/Day2003- Converted into a Public Limited Company2013- Transition from Agro pulping to recycle pulping2014- Conversion of the entire campus to zero liquid discharge2016- Installation of a state-of-the-art 2.5 MW Thermal Power Plant2018- Conversion of the power plant from coal to biomass fuel2021- Installation of a cutting-edge paper machine with a capacity of 85000 MT- Installation of a 1.5 MW Thermal Power Plant2023- Transition of 50% of fuel usage from biomass to RDF (Refuse-Derived Fuel)