Seshasayee Paper and Boards Approves Rs. 25.00 Crore Investment for Copier Paper Facilities
Seshasayee Paper and Boards Limited announced a significant capital investment aimed at expanding its presence in the copier market. The Board of Directors, during a meeting held on May 12, 2026, approved a capital investment of Rs. 25.00 crores.The funds are designated for the augmentation of the copier paper conversion facility across the company's Erode and Tirunelveli units. The primary objective of this expenditure is to increase the company's participation and market share within the Copier Paper market.
According to the details provided, the project requires a total cost of Rs. 25.0 Crores (Net of GST ITC). While the investment enhances the conversion facilities, the company noted that there will be no change in its overall paper manufacturing capacity.
The company's existing operations currently maintain a total capacity of 2,55,000 tonnes of paper per annum, combining the Erode and Tirunelveli units, with an existing utilization rate of 97%.
The investment is scheduled to complete the project in six months from June 2026, enabling the company to meet its increased market objectives.
Key details regarding the project and the company's operations are summarized below:
| Particulars | Details |
|---|---|
| Capital Investment Approved | Rs. 25.00 crores |
| Purpose of Investment | Augmentation of copier paper conversion facility |
| Units Covered | Erode and Tirunelveli units |
| Existing Capacity | 2,55,000 tonnes of Paper p.a. |
| Existing Capacity Utilization | 97% |
| Projected Capacity Change | No change in overall capacity |
| Estimated Project Completion | 6 months from June 2026 |
SESHAPAPER Stock Price Movement
Seshasayee Paper and Boards Limited shares today slipped by 5.30% to settle at ₹255.45. The stock saw a total traded volume of 61,533 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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