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Yash Papers public issue priced at Rs 14 per share

Our Bureau

Mumbai , May 6

YASH Papers Ltd, in the process of expanding its paper manufacturing capacity, plans to enter the capital market with an issue to raise Rs 22 crore to part fund its expansion plans.

The company's public issue, priced at Rs 14 per share, is slated for next month, Mr Ved Krishna, Managing Director, said.

The company's expansion plan involves setting up a 70-tonne paper manufacturing plant with a bagasse pulp plant, waste paper pulping plant and a bleaching section. It also plans to set up a power plant.

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