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11-Feb2019

3P Land Holdings gets nod to acquire stake of Pudumjee Plant Laboratories

3P Land Holdings (Formerly known as Pudumjee Industries) has received approval for the proposed acquisition of 16,26,506 Zero Percent Non-Cumulative Redeemable Preference Shares of Pudumjee Plant Laboratories, an unlisted group company. The proposed acquisition is expected to cost the Company, an approximate sum of Rs 1.62 crore. The board of directors of the company has approved the same in the meeting held on February 09, 2019.

3P Land Holdings (Formerly known as Pudumjee Industries) is engaged in the manufacture and sale of various types of papers such as crepe tissue, M G Kraft, carbon based tissue, poster papers, etc.


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