Shares of Adani group firm witnessed heavy correction in Q4 after a report by Hindenburg Research on January 24 accusing the Gautam Adani-led group of stock manipulation, running offshore shell companies for round-tripping and misusing corporate governance practices.
BTG and Kuantum Papers Ltd, India have announced the start-up of an innovative program designed to support Kuantum Paper’s digitalization journey with Industry 4.0 tools as well as leading Pulp & Paper expertise and services. Named Project “Neev” (which means “foundation” in Hindi), the goal is to set the foundation for IT-OT convergence.
The Board of Directors of Kuantum Papers Limited, at its meeting held today have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23 and 9MFY23.
Kuantum Papers Ltd has prepaid the entire FITL of Rs. 36 crores in September 2022 and has further prepaid an amount Rs. 105 crores of the restructured term loans in the 1st week of December 2022.