Ruchira Papers Limited Proposes Dividend for Financial Year Ended March 31, 2023

Ruchira Papers Limited is an India-based paper manufacturing company. The Company is engaged in the business of manufacturing of Kraft Paper and Writing & Printing Paper. The Kraft Paper is being manufactured by using wastepaper and agriculture residues, such as Bagasse, wheat straw, and sarkanda. The Writing and Printing Paper is being manufactured by using agricultural residues, such as wheat straw, Baggase, sarkanda, Softwood Pulp and other fillers. The Company’s writing and printing paper finds application in notebooks, writing material, wedding cards, shade cards, children’s coloring books and bill books. It also manufactures copier paper. The Company’s kraft paper is used in the packaging industry, especially in the fabrication of corrugated boxes and other packaging material. The Company has a production capability of 400 tonnes per day (TPD) of Kraft Paper and writing and printing paper. The Company has a manufacturing plant in Kala-Amb, district Sirmour, Himachal Pradesh.