Incorporates 50% associate co for paper products JV
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Shreenath Paper Products has incorporated Shreenath Paper Industries Pvt Ltd as an associate company, subscribing to 50% of its equity at face value in cash. The new entity has authorised and paid-up capital of INR 10 lakh and will operate in the paper products manufacturing sector. It is a newly formed company with no prior operations or turnover. The move follows the company's May 30, 2026 intimation about exploring joint venture opportunities in the paper business.
Small-scale at present (10 lakh capital), but signals management's push into JV-led growth in core paper business.