3P Land Holdings Ltd

3P Land Holdings Ltd

Pudumjee Agro Industries was incorporated in Dec.'65 as a private limited company to run a paper mill at Bombay under the name F Pudumjee & Company Pvt Ltd. It became a deemed public limited company in May '77 and was converted into a public limited company in Jan.'86. In 1993 its name was changed to the present one.In Mar.'76 the mill was completely destroyed by fire. The company installed and commissioned an imported second-hand paper machinery at Thergaon in Pune in 1978. In Apr.'77 it became a subsidiary of Pudumjee Pulp & Paper Mills (PPPML).In 1985 the company expanded its capacity to 11000 tpa with the installation of another imported paper machine. It ceased to be a subsidiary of PPPML in Feb.'87. Another machine was installed with a capacity of 21500 tpa. One of the old machines installed in 1978 was phased out which reduced the installed capacity to 20000 tpa.The company manufactures a wide range of paper such as crepe tissue hygiene tissue MG tissue carbon tissue; wrappers for fruits flowers and food; poster paper kraft paper etc.Amalgamation of Kapil Agro (KAL) -- a sick company referred to the BIFR -- with the company in 1990 was done to broadbase its activities. KAL had a solvent extraction plant in Madhya Pradesh which manufactured solvent oil and de-oiled cakes with a capacity of 40000 tpa of seed crushing.