Paper

Tag : Ballarpur Industries

JK Paper to Continue Exploring Inorganic Growth Possibilities

Manik Seth
Four-Five mills in India at present may offer attractive propositions in the line of JK’s inorganic growth strategy. Companies other than JK, venture capital firms, and private equity firms are also willing to invest in such acquisitions. As the non-binding buyout offer by JK Paper Ltd to buy two units...

J K Paper Ltd. Proposed a Buyout Offer to Ballarpur Industries’ Subsidiary

Manik Seth
JK Paper offered to acquire two facilities of BILT Graphic Paper Products located in Maharashtra for an undisclosed sum. October 23, 2016 As per reports, J K Paper has given a tentative offer and draft term sheet to Avantha group firm Ballarpur Industries for acquisition of two of its facilities....

BILT Defers Selling of Malaysian Forest Arm Sabah Forest Industries

Manik Seth
BILT expects to receive a net USD 350 million from the divestment March 15, 2016 With Gautam Thapar’s Ballarpur Industries (BILT) yet to sell its Malaysian forest arm, anxious banks are trying to figure out how the company will arrange funds to clear more than Rs 850 crore commercial papers...

CCI orders investigation into alleged cartelisation by paper mills

Manik Seth
August 30, 2014 The Competition Commission of India (CCI) has ordered an investigation into an alleged cartelisation by the major paper manufacturers in India. The complaint, filed by Sivasaki Master Printers Association, alleges that the big paper mills who have large coverage over most of the domestic market have conspired...

BILT set to get Rs 300 cr boost

Manik Seth
The promoter group of Ballarpur Industries (BILT) is pumping in around Rs 300 crore in the firm to strengthen the balance sheet and provide funds to repay overseas investors, a top company executive said. Overseas investors own foreign currency convertible bonds (FCCBs) worth $52 million that is coming up for redemption in July this year.
Paper