July 20, 2017 7:43 PM ET

Paper and Forest Products

Company Overview of Hindustan Newsprint Limited

Company Overview

Hindustan Newsprint Limited manufactures newsprint for the Indian and International markets. It serves the newspaper industry. The company was incorporated in 1983 and is based in Thiruvananthapuram, India. Hindustan Newsprint Limited operates as a subsidiary of Hindustan Paper Corporation.

Newsprint Nagar

Kottayam District

Thiruvananthapuram,  686 616

India

Founded in 1983

Phone:

91 48 2925 6211

Fax:

91 48 2925 6777

Key Executives for Hindustan Newsprint Limited

Managing Director and Director
Compensation as of Fiscal Year 2017.

Hindustan Newsprint Limited Key Developments

Government To Sell Stake In Scooters India

Government plans to sell stake in Scooters India Ltd (BSE:505141) and has approved the plan to sell the company. The cabinet committee on economic affairs has allowed for strategic sales through a two-stage auction process, which will involve submitting technical and financial bids. The companies approved for strategic sale or privatization include Scooters India Ltd., Pawan Hans Limited, Hindustan Newsprint Limited and units of Cement Corporation of India Limited.

Indian Government To Sell Stake In 22 PSUs

India is preparing a plan for big-ticket asset sales that involves the disposal of controlling stakes in 22 listed and unlisted companies. The Centre looks to meet the full-year disinvestment target of INR 565 billion. A Cabinet note has been floated by the Department of Investment and Public Asset Management to this end, two officials aware of the development told ET. On the list are, Container Corporation of India Ltd. (NSEI:CONCOR), BEML Limited (BSE:500048), as many as three plants of Steel Authority of India Limited (BSE:500113), Cement Corporation of India Limited, Certification Engineers International Ltd., Hindustan Newsprint Limited and Scooters India Ltd. (BSE:505141). Companies like Air India Limited are also on the radar but a decision on the national carrier will be taken after a while.

Hindustan Newsprint Limited Names Rokkam Gopala Rao as Managing Director

Rokkam Gopala Rao has been appointed as managing director, Hindustan Newsprint Limited.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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