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Incorporated in 1993, N. R. Agarwal Industries Ltd manufacturers recycled paper and grey back & white back Duplex Boards
N R Agarwal Industries Limited has clarified regarding recent stock price and volume movements across exchanges. The company has confirmed that it has consistently disclosed all necessary corporate events and information as required. Management has explicitly stated that there are no pending or undisclosed developments or impending announcements that could...
N R Agarwal's Board approved altering its fundamental charter, pending shareholder vote. This allows the company to develop and commercially monetize its land and properties for industrial or commercial complexes, potentially unlocking new asset-based revenue streams.
NRAIL is upgrading its Multilayer Board plant (Unit VI) paper machine capacity to 1500 TPD (42,000 MT/month). The project cost is revised to ₹1,500 Cr, requiring 150 acres. A foreign consultant has been appointed, and approvals are in progress.
NRAIL has commenced acquiring 145 acres for its new Multilayer Board Plant (Unit VI) in Dahej, Gujarat. The first tranche of land deeds has been executed, progressing the key expansion project.
N R Agarwal Industries' promoters' pledged shares, used as loan collateral, are converting to a Non-Disposal Undertaking by Punjab National Bank. This development releases the previous pledge, shifting to a less restrictive arrangement.