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Mysore Paper Mills

From Wikipedia, the free encyclopedia

Mysore Paper Mill Limited
Company typeGovernment
BSE: 502405
IndustryPaper mill and Co-generation[1]
HeadquartersBhadravathi, Karnataka, India
Key people
Araga Jnanendra (Chairman)
Decrease54.90 crore (US$6.6 million) (2011–12)[2]
Decrease84.78 crore (US$10 million) (2011–12)[2]
OwnerGovernment of India
Websitewww.mpm.co.in

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.

Closure

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MPM closed 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

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References

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  1. ^ "Production". MPM. Archived from the original on 11 May 2018. Retrieved 9 July 2012.
  2. ^ a b "Mysore Paper Mills, Profit & Loss account". Money Control, CNBC TV 18. Archived from the original on 22 November 2022. Retrieved 9 July 2012.
  3. ^ "THE MYSORE PAPER MILLS LIMITED". Zauba Corp. Archived from the original on 5 August 2023. Retrieved 19 September 2022.
  4. ^ "Profile". MPM. Archived from the original on 3 January 2020. Retrieved 9 July 2012.
  5. ^ Pattanashetti, Girish (17 December 2014). "Mysore Paper Mills closure: Karnataka to appeal before Green Tribunal". The Hindu. Archived from the original on 5 August 2023. Retrieved 2 January 2018.
  6. ^ "Revive Mysore Paper Mills, demand workers". The Hindu. 4 March 2016. Archived from the original on 5 August 2023. Retrieved 2 January 2018.
  7. ^ p. m, Veerendra (4 June 2016). "909 Mysore Paper Mills workers opt for VRS". The Hindu. Archived from the original on 5 August 2023. Retrieved 2 January 2018.
  8. ^ "MPM.co.in". Archived from the original on 24 April 2018. Retrieved 2 January 2018.
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