Pursuant to the Scheme of Arrangement and Reconstruction (Demerger) between Pudumjee Pulp & Paper Mills Limited (PPPM) and Pudumjee Industries Limited (PIL) and Pudumjee Hygiene Products Limited (PHPL) and Pudumjee Paper Products Limited (PPPL) and their respective Shareholders and Creditors, the fixed deposits of PPPM has been transferred to Pudumjee Paper Products Limited (PPPL) vide order of Hon’ble Bombay High Court with effect from 01.04.2014.
The Company has now started accepting Renewal of Deposits.
The Application Form can be downloaded from here :- Pudumjee Paper New F.D. Form
Rate of Interest for Fixed Deposits for 3 years is 8.25% p.a.
“CRISIL” upgraded the rating FA/Stable for Rs.5,000.00 lakhs.
The Company only accepts Renewals of Deposits