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Incorporated in Jul.'95 as a public limited company, Mohindra Papers was promoted by Rajinder Paul Mohindra and Kushinder Paul Mohindra. The comapny was speaheaded by Rajinder Paul Mohindra as Chairman and Managing Director. The company is engaged in trading operations primarily in imported waste paper, writing/printing paper, paper board, etc, in the local as well as international markets. It came out with a public issue in Apr.'96 to consolidate the capital base to augment the long term working capital requirement and to part-finance the cost of fixed assets like land, construction of godown, office building, computers, furniture and fixture, vehicles, etc, for carrying trading activities. In March 2004 company has changed its name from Mohindra Papers Ltd to Nuway Organic Naturals (India) Ltd. |
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