Mysore Paper Mills
{{Short description|Indian company}}
{{Use dmy dates|date=September 2019}}
{{Use Indian English|date=September 2019}}
{{Infobox company
| name = Mysore Paper Mill Limited
| type = Government
| traded_as = {{BSE was|502405}}
| location = Bhadravathi, Karnataka, India
| key_people = Araga Jnanendra (Chairman)
| industry = Paper mill and Co-generation{{cite web|url=http://www.mpm.co.in/production.html|title=Production|publisher=MPM|access-date=9 July 2012|archive-date=11 May 2018|archive-url=https://web.archive.org/web/20180511093333/http://www.mpm.co.in/production.html|url-status=live}}
| operating_income = {{Decrease}}{{INRConvert|54.90|c}} (2011–12){{cite web|url=http://www.moneycontrol.com/stocks/company_info/print_main.php|title=Mysore Paper Mills, Profit & Loss account|publisher=Money Control, CNBC TV 18|access-date=9 July 2012|archive-date=22 November 2022|archive-url=https://web.archive.org/web/20221122130243/https://www.moneycontrol.com/stocks/company_info/print_main.php|url-status=live}}
| net_income = {{Decrease}}{{INRConvert|84.78|c}} (2011–12)
| owner = Government of India
| website = [http://www.mpm.co.in www.mpm.co.in]
}}
Mysore Paper Mill Limited or the MPM is situated at Bhadravathi in the Shimoga district of Karnataka state, India. It was established in the year 1936 by Nalvadi Krishnaraja Wodeyar,{{cite web |title=THE MYSORE PAPER MILLS LIMITED |url=https://www.zaubacorp.com/company/THE-MYSORE-PAPER-MILLS-LIMITED/L99999KA1936SGC000173 |website=Zauba Corp |access-date=19 September 2022 |archive-date=5 August 2023 |archive-url=https://web.archive.org/web/20230805080334/https://www.zaubacorp.com/company/THE-MYSORE-PAPER-MILLS-LIMITED/L99999KA1936SGC000173 |url-status=live }}{{cite web|url=http://www.mpm.co.in/profile.html|title=Profile|publisher=MPM|access-date=9 July 2012|archive-date=3 January 2020|archive-url=https://web.archive.org/web/20200103200723/http://www.mpm.co.in/profile.html|url-status=live}} the then Maharaja of Mysore state. In 1977, the company became a government company. The company obtained ISO certification in the year 2004.
Closure
MPM closed its functioning in 2016.{{Cite news|url=http://www.thehindu.com/news/national/karnataka/mysore-paper-mills-closure-karnataka-to-appeal-before-green-tribunal/article6698286.ece|title=Mysore Paper Mills closure: Karnataka to appeal before Green Tribunal|newspaper=The Hindu|date=17 December 2014|last1=Pattanashetti|first1=Girish|access-date=2 January 2018|archive-date=5 August 2023|archive-url=https://web.archive.org/web/20230805235845/https://www.thehindu.com/news/national/karnataka/mysore-paper-mills-closure-karnataka-to-appeal-before-green-tribunal/article6698286.ece|url-status=live}} Government wants to privatise the company while workers want the government to revive it.{{Cite news|url=http://www.thehindu.com/news/cities/bangalore/revive-mysore-paper-mills-demand-workers/article8312253.ece|title=Revive Mysore Paper Mills, demand workers|newspaper=The Hindu|date=4 March 2016|access-date=2 January 2018|archive-date=5 August 2023|archive-url=https://web.archive.org/web/20230805235846/https://www.thehindu.com/news/cities/bangalore/revive-mysore-paper-mills-demand-workers/article8312253.ece|url-status=live}} Some workers opted for voluntary retirement scheme.{{Cite news|url = http://www.thehindu.com/news/national/karnataka/909-Mysore-Paper-Mills-workers-opt-for-VRS/article14383773.ece|title = 909 Mysore Paper Mills workers opt for VRS|newspaper = The Hindu|date = 4 June 2016|last1 = p. m|first1 = Veerendra|access-date = 2 January 2018|archive-date = 5 August 2023|archive-url = https://web.archive.org/web/20230805235847/https://www.thehindu.com/news/national/karnataka/909-Mysore-Paper-Mills-workers-opt-for-VRS/article14383773.ece|url-status = live}} Company has issued tenders for disposal of materials{{Cite web|url=http://www.mpm.co.in/tenders.html|title=MPM.co.in|access-date=2 January 2018|archive-date=24 April 2018|archive-url=https://web.archive.org/web/20180424225044/http://www.mpm.co.in/tenders.html|url-status=live}}
See also
References
{{reflist}}
External links
- [http://www.mpm.co.in/ Official website of the company]
{{coord missing|Karnataka}}
{{authority control}}
Category:Companies based in Karnataka
Category:Pulp and paper companies of India
Category:Government-owned companies of India
Category:Buildings and structures in Shimoga district
Category:Indian companies established in 1936
Category:Indian companies disestablished in 2016
Category:Companies formerly listed on the Bombay Stock Exchange