South India Paper Mills is engaged in the manufacture of paper and paper products. It is also engaged in the generation of power. Its products include Kraft liners, Test liners, MG Kraft Paper, MF printing and writing & newsprint.
ICRA has downgraded the long term rating to [ICRA] BBB from [ICRA] BBB+ & short term rating to [ICRA]A3+ from [ICRA]A2 for the Rs 250 crore bank facilities of the Company with negative outlook from stable.
Companies from newspapers to corrugation converters are feeling the effects of high prices and the supply crunch. During the 56th AGM and Seminar of the Indian Pulp & Paper Technical Association (IPPTA) on 25 March 2022, the issues that have exacerbated the paper crisis were discussed. Dibyajyoti Sarma and Rahul Kumar report