Mysore Paper Mill or the MPM is situated at Bhadravathi in the Shimoga district of Karnataka state, India. It was established in the year 1937 by Nalvadi Krishnaraja Wodeyar, the then Maharaja of Mysore state. In 1977, the company became a government company. The company obtained ISO certification in the year 2004
MPM closed functioning in 2016. Government wants to privatise the company while workers want the government to revive it. Some workers opted for voluntary retirement scheme. Company has issued tenders for disposal of materials
About the Company
The Mysore Paper Mills Limited (MPM) is an India-based company engaged in manufacturing of newsprint, writing and printing paper, and sugar. The Company operates in two business segments: Paper and Sugar. The Companys product mix consists of writing, printing and packing paper (WPP), newsprint and sugar. The by-products include molasses and bagasse. As of March 31, 2010, the Company had a production capacity of 75,000 metric tons per annum of newsprint and 2,500 per day metric tons per annum of sugar and molasses. As of March 31, 2010, the MPMs newsprint divisions customers included The Times of India, The Hindu, Mathrubhumi, Lok mat, Lok Prakashan, Business Standard, Daily Thanthi, Sanjevani, Dinakaran and Malayala Manorama. Its major varieties manufactured include Cream wove, Maplitho, Azurelaid, Duplicating and Kraft Paper..The company also in the business segment of Sugar, Paper
It appears some shares of Mysore Paper Mills are available for Sale / Purchase with Dealers of Rare Indian Shares.