Mysore Paper Mills

Indian company From Wikipedia, the free encyclopedia

Mysore Paper Mill Limited or the MPM is situated at Bhadravathi in the Shimoga district of Karnataka state, India. It was established in the year 1936 by Nalvadi Krishnaraja Wodeyar,[3][4] the then Maharaja of Mysore state. In 1977, the company became a government company. The company obtained ISO certification in the year 2004.

Company type
Government
BSE: 502405
HeadquartersBhadravathi, Karnataka, India
Quick facts Company type, Traded as ...
Mysore Paper Mill Limited
Company type
Government
BSE: 502405
IndustryPaper mill and Co-generation[1]
HeadquartersBhadravathi, Karnataka, India
Key people
Araga Jnanendra (Chairman)
Decrease54.90 crore (US$6.5 million) (2011–12)[2]
Decrease84.78 crore (US$10 million) (2011–12)[2]
OwnerGovernment of India
Websitewww.mpm.co.in
Close

Closure

MPM closed its functioning in 2016.[5] Government wants to privatise the company while workers want the government to revive it.[6] Some workers opted for voluntary retirement scheme.[7] Company has issued tenders for disposal of materials[8]

See also

References

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