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.
| Company type | Government |
|---|---|
| BSE: 502405 | |
| Industry | Paper mill and Co-generation[1] |
| Headquarters | Bhadravathi, Karnataka, India |
Key people | Araga Jnanendra (Chairman) |
 ₹54.90 crore (US$6.9 million) (2011–12)[2] | |
| ₹84.78 crore (US$11 million) (2011–12)[2] | |
| Owner | Government of India |
| Website | www.mpm.co.in |
Closure edit
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 edit
References edit
- ^ "Production". MPM.
- ^ a b "Mysore Paper Mills, Profit & Loss account". Money Control, CNBC TV 18.
- ^ "THE MYSORE PAPER MILLS LIMITED". Zauba Corp.
- ^ "Profile". MPM.
- ^ Pattanashetti, Girish (17 December 2014). "Mysore Paper Mills closure: Karnataka to appeal before Green Tribunal". The Hindu.
- ^ "Revive Mysore Paper Mills, demand workers". The Hindu. 4 March 2016.
- ^ p. m, Veerendra (4 June 2016). "909 Mysore Paper Mills workers opt for VRS". The Hindu.
- ^ "MPM.co.in".
External links edit