Tahmar Enterprises Ltd Share Price

(516032)

Tahmar Enterprises LtdFormerly known as Sarda Papers Limited was incorporated on 11 Apr.91. The Company commenced business on 20 May 91. It was promoted by Shri Pradeep Kumar Sarda. The Company was engaged in processing and manufacturing of Coated Paper. As a result it changed from trading of the coasted paper to Distillery business.SPL came out with a public issue of 18.8 lac equity shares at par aggregating Rs 1.88 cr in Feb.93. The proceeds of the issue were utilised to partfinance a Rs 4.92cr project by setting up a manufacturing facility for coated papers art paper chromo paper art cards etc with an installed capacity of 6000 tpa. The plant is located in the MIDC Industrial Area of Sinnar in the Nashik district. Coated paper finds application in calendars catalogs reports magazines cartons labels etc. The Company imported a modern secondhand super calendaring machine from Spain. It installed a chemical plant for manufacturing paper binders inhouse which resulted in a low cost of production. It started marketing a premium product under the brand name Platinum which is well received in the market by the printing media and used by the leading and prominent magazines.In 199596 the Company commissioned additional production line to produce Coated/Laminated Paper of 3000 TPA. The total installed capacity of Coated Paper/Black till March 2001 was 9000 MT..