1936 - The Company was incorporated on 25th July, at Calcutta. The
Company Manufacture Paper & boards & Cement.
1955 - 50,000 right tax-free pref. shares issued at par in proportion
1956 - Authorised capital increased. 50,000 right tax-free pref.
at par in proportion to holdings.
1961 - In May, 4,40,475 right equity shares issued at a premium of Rs
per share in prop. 3:10. Dividend rate on pref. shares
during the year.
1967 - 19,08,725 bonus equity shares issued in the prop. 1:2.
1978 - The name of the company was changed fron Orient Paper Mills
to Orient Paper & Inds. Ltd., with effect from 31st
- A pilot pulp and paper plant was commissioned in February.
pulp mill was redesigned for production of bleached pulp from
rags, hemp, cotton, stalk, etc., as also from bamboo or other
forest and/or agricultural residents.
1982 - In September, a cement plant was commissioned at Devapur (AP)
with an annual capacity of 9 lakh tonnes.
- 1,01,132-7.86% pref. shares and 43,850-5.50% pref. shares
1985 - 8,00,000-15% non-convertible debenture (IV Series) of Rs 100
were issued to augment long-term working capital resources and
meet capital expenditure for modernisation. This issue was
1986 - The Company offered 15,000-15% non-convertible debentures (V
series) for Rs 15 crores to raise part of the finance for
implementing the second phase of the cement plant at Devapur
Andhra Pradesh (all were taken up).
- 57,26,175 bonus equity shares issued in prop. 1:1 during the
1989 - As on 31st March the company was holding 38,66,593 equity
of K.shr 20 each in Panafrican paper Mills (E.A.) Ltd. Kenya.
- The agreement with Panafrican paper Mills (E.A.) Ltd. for
providing technical know-how, management and other services
renewed for a further period of 5 years with effect from 30th
- During February-March, the company offered 4,30,000-14%
non-convertible secured debentures (VI series) of Rs 100 each
resident holders of equity shares, preference shares and
debentures of the company as follows: (i) 1 debenture for
120 No. of equity shares; (ii) 1 debenture for every 12
preference shares; (iii) 1 debenture for every 12 debentures.
- These debentures are to be redeemed in 5 annual instalments of
20 each at the expiry of the 5th, 6th, 7th, 8th and 9th year
the date of allotment at a premium of Rs 5 per debenture.
1990 - Towards the end of the year the second unit of the cement
to raise the installed capacity to 9 lakh TPA, was
- The Company issued 5,00,000-14% secured non-convertible
debentures of Rs 100 each on private placement basis with
- CCI approvals were received for issue of 28,75,000-12.5%
redeemable partly convertible debentures of Rs 130 each on
basis to the ordinary shareholders in proportion 1 deb: 4
share held (all were taken up). Additional 4,30,650
were allotted to retain oversubscription.
- Another 1,43,750-12.5% partly convertible debentures were also
be issued to the employees of the company on an equitable
(only 79,360 debentures taken up).
- Rs 40 of the face value of each debenture was to be converted
into one equity share of Rs 10 each at a premium of Rs 30 per
share on 21.5.92. Rs 90 of the face value of each debenture
to be redeemed at par in 3 equal annual instalments at the end
8, 9, 10 years from the date of allotment of debentures.
- `Orient General Industrial, Ltd.', `Airconditioning
Ltd.', and `Opi Export, Ltd.' (formerly, Motolite Ltd.) and
Orient Dealers & Traders, Ltd. are the subsidiaries of the
- As per the directive issued by the Board for Industrial &
Financial Reconstruction (BIFR), Springs India, Ltd. (SIL),
an installed capacity of 540 TPA of precision springs at
Shahibabad, Dist. Ghaziabad (U.P.) was merged with the
wholly owned subsidiary M/s. Orient General Industries, Ltd.
1991 - The Company undertook to supply technical know-how for the
manufacture of paper in and outside India. A full fledged
research was therefore set up at Amlai for conducting research
various aspects of paper industry, research on plantation and
utilisation of various fibrous materials to & solve the
of availability of raw materials for the manufacture of
- Research work was undertaken on utilisation of several kinds
wood for manufacture of paper and treatment of mill wastes.
- The Company undertook to expand the capacity of the mill from
96,000 TPA to 1,50,000 TPA by installing a bagasse based pulp
plant and a Board machine.
- The Company entered into an arrangement with Birla Brothers
Ltd., for participation in the expansion project of Nigerian
Paper Mills, Ltd., Tebba, Nigeria. The Company was to receive
consideration of its technical services and know-how from
Brothers Pvt. Ltd.
1992 - First stage of oxygen bleaching was commissioned for improved
brightners of paper. The second stage of chlorine di-oxide
bleaching was commissioned during 1993-94.
- On 24th June, a Memorandum of understanding was entered into
State Industrial & Investment Corporation of Maharashtra
(SICOM) for setting up a 80,000 TPA bagasse based plant to
produce newsprint/working and printing paper. Efforts were on
implement the joint sector company in the name of Birla Paper
- 33,85,010 No. of equity shares allotted (prem. Rs 30 per
on part conversion 12.5% debentures Pref. shares redeemed on
1994 - Production at both the paper mills at Amlai and Brajrajnagar
adversely affected due to water shortage during the summer
- At Amlai a new drum chipper was install at the Brajrajnagar
mills, orders for 350 TPD recovery boiler, an additional Drum
Chipper and a new coal handling plant was placed.
1995 - The Company granted technical and financial collaboration to
Panafrican Paper Mill (E.A.) Ltd., for setting up pulp and
mill in Kenya.
1996 - The Mill at Amlai was shut for a period of 5 weeks due to
shortage of water. The production of Brajrajnagar was also
affected due to breakdown of machinery and slow down tactics
adopted by workmen in some sections of the mill.
- A 6 MW Back Pressure Turbine was commissioned at Amlai to
power cost and reduce dependence on outside supply.
- The installed capacity of the plant was expanded to 11.8 lakh
tonnes per annum. Further modernisation cum expansion scheme
under implementation to increase cement manufacturing capacity
17.5 lakh tonnes per annum.
1997 - At the Brajrajnagar Unit due to a major overhaul of the plant
equipment, the entire plant was shut for nearly 3 months
resulting in lower total production of paper and board.
- The upflow tower system, for chlorine dioxide bleach plant at
Amlai and the 350 tonnes recovery boiler and electrostatic
precipitator at Brajrajnagar were commissioned. The new
plant at Amlai was also commissioned.
- The Modernisation cum expansion scheme to increase the cement
manufacturing capacity to 17.5 lakh tonnes p.a. including
up of a split grinding unit of 5.70 lakh tonnes per annum at
2000 - C.K. Birla-owned Orient Paper and Industries Ltd has decided
sell its cement division.
- M.M. Yesaw, General Manager, IDBI has been appointed as
of the company effective from 21st July.
2001 - The Company's shareholders have proposed to issue, offer and
ordinary shares of Rs 10 each to promoters, group
companies and their associates
for an aggregate amount of Rs 19.50 crore at Rs 26 per
share on private placement basis.
-Orient Paper gets environment award for the year
-Orient Paper & Industries Ltd has informed that V Nachiappan,
General Manager, ICICI Bank Ltd. has been appointed as a Director of
the company, nominee of ICICI Bank Ltd. in place of Shri Balaji V
Swaminathan, the existing nominee of ICICI Bank Ltd. with effect from
May 25, 2004
-The company has issued rights in the ratio of 3:10 at a premium of
Rs.350/- Per Share.
- The Company has splits its face value from Rs10/- to Rs1/-.
- Board of Directors of the Company at its meeting held on inter
alia, has recommended Dividend of Rs 1.50/- per Equity share (150%).
- Mr. Michael Bastian as an Additional Director of the Company.
- Board of Directors of the Company at its meeting held on inter
alia, has recommended Dividend of Rs. 1.50/- per Equity Shares (150%)
for the year ended.
- Board for Industrial and Financial Reconstructions (BIFR) vide its
order dated has approved the merger of Air Conditioning Corporation
Ltd., a wholly owned subsidiary of the Company with Orient Paper &
- Board of Directors of the Company at its meeting held on April 27,
2011, inter alia, has recommended Dividend of Rs. 1.50 per Equity
share (150%) for the year ended.
- Board of Directors of the Company at its meeting held on May 02,
2012 has recommended Final Dividend of Rs.1/- per Equity Share (100%)
for the year ended.
- Shri. Narendara Singh Sisodia has been appointed as an Additional
Director of the Company.
-The Company Company in connection with split of cost of acquisition
of shares in Orient Paper & Industries Ltd. consequent upon allotment
of shares of Orient Cement Ltd. in terms of the Scheme of
-OPIL appoints Ram Prasad Dutta as Compliance Officer
-Ms. Gauri Rasgotra has been appointed as an Additional Director
(Independent) of the Company w.e.f. September 26, 2014
-The Company has recommended Dividend of Re. 0.10 per Equity Share
(10%) for the year ended March 31, 2014.
-Orient Paper & Industries Ltd giving information on operational
performance of Paper Division of the Company.