About Sundaram Multi Pap Limited

Sundaram Multi Pap Limited is a listed Indian manufacturer of paper stationery products with its registered office in Andheri (East), Mumbai, and a manufacturing plant at Palghar (West), Maharashtra. The company designs, manufactures, and markets exercise notebooks, long books, notepads, scrapbooks, drawing books, and graph books for students of all ages. It also produces office and corporate stationery as well as printing, writing, and packaging paper. Sundaram Multi Pap Limited’s equity shares are listed on BSE (Scrip Code: 533166) and NSE (Symbol: SUNDARAM).

The company has modernised its production capabilities by adopting a fully automatic book manufacturing machine and partial automation, aiming to improve quality, reduce production cycle times, and minimize wastage. Its corporate footprint includes the Registered Office at 5/6, Papa Industrial Estate, Suren Road, Andheri East, Mumbai, and the manufacturing plant at Plot No. 33–37, Sundaram Industrial Zone, Palghar West, Maharashtra.

Sundaram Multi Pap Limited reports no subsidiaries or associate companies as of the latest reporting year (FY 2024–2025), and therefore consolidated financial statements are not applicable. The company is set to convene its 31st Annual General Meeting on September 29, 2025.

Key Milestones of Sundaram Multi Pap Limited

• Implementation of a fully automatic book manufacturing machine and partial automation on the shop floor.
• Installation of rooftop solar panels at the Palghar factory to boost renewable energy use.
• Continued compliance with corporate governance standards under SEBI (LODR) regulations.
• Approval and initiation of a sweat equity share issuance in favour of key directors.
• Maintained listing on BSE and NSE with active investor services promoting dematerialisation.

Sundaram Multi Pap Limited Business Segment

Sundaram Multi Pap Limited operates through a single business segment dedicated to paper stationery manufacturing and marketing. Its vertically integrated operations encompass product design, production, and sales, primarily serving India’s student and corporate stationery markets. Technology investments in automation and renewable energy underline the company’s commitment to operational efficiency and sustainability.

The company operates in the stationery manufacturing sector, covering a broad range of student stationery products and office supplies, including exercise notebooks, notepads, scrapbooks, drawing and graph books, as well as printing and packaging paper. The geographic focus is domestic within India, with no foreign currency transactions reported for FY 2024–2025, indicating a primarily India-centric business model.

Sundaram Multi Pap Limited Key Management

• Amrut P. Shah – Chairman & Managing Director
• Shantilal P. Shah – Whole-time Director
• Krunal S. Shah – Whole-time Director
• Hardik A. Shah – Chief Executive Officer
• Yash R. Shah – Chief Operating Officer
• Rajesh Jain – Chief Financial Officer
• Urmi Shah – Company Secretary

Latest Updates on Sundaram Multi Pap Limited

• Sweat equity shares: Shareholders approved the issuance of 3,50,93,168 sweat equity shares of face value Re. 1 each to Mr. Amrut P. Shah and Mr. Shantilal P. Shah at an Extra-Ordinary General Meeting on February 24, 2025. An in-principle application to stock exchanges was filed and is under process.
• Energy initiatives: Installed rooftop solar panels at the Palghar factory during the year at a capital cost of Rs. 98.70 Lakh to increase renewable energy use and reduce dependence on grid electricity. The company also acquired new transport vehicles to improve fuel and logistics efficiency.
• Production technology: Deployed a fully automatic book manufacturing machine and partial automation, resulting in reduced labour costs, shortened production cycles, improved quality, and lower wastage.
• Audit and governance: M/s Ashok Shyam & Associates appointed as Statutory Auditors at the AGM held on September 27, 2024, for a term up to the 35th AGM in 2029. Compliance with SEBI (LODR) regulations for FY 2024–25 was certified by a practicing company secretary.
• Listings and investor relations: Equity shares continue to be actively listed on BSE and NSE. Shareholders are encouraged to complete dematerialisation for ease of share transfer and liquidity.
• Foreign currency transactions: Reported no foreign exchange transactions during FY 2024–25, reflecting a domestic market emphasis.