JK Paper Ltd has informed that the Board of Directors of the company had accorded its approval for setting up of Packaging Board plant at its Unit CPM, Gujarat.
Further the company announced that commercial production from the new Packaging Board plant has commenced from January 14, 2022.
This will increase the Company’s Annual capacity from 4.55 lac TPA to 6.25 lac TPA and enhance its market share in packaging board segment, said JK Paper in a regulatory filing.