Seshasayee Paper soars on getting nod for capital investment of Rs 25 crore
Seshasayee Paper and Boards is currently trading at Rs. 256.00, up by 4.95 points or 1.97% from its previous closing of Rs. 251.05 on the BSE.
The scrip opened at Rs. 256.10 and has touched a high and low of Rs. 256.10 and Rs. 249.95.80 respectively. So far 13 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 323.80 on 05-Jun-2025 and a 52 week low of Rs. 213.00 on 04-Feb-2026.
Last one week high and low of the scrip stood at Rs. 274.00 and Rs. 249.65 respectively. The current market cap of the company is Rs. 1606.98 crore.
The promoters holding in the company stood at 43.11%, while Institutions and Non-Institutions held 27.31% and 29.58% respectively.
Seshasayee Paper and Boards has received approval for a Capital investment of Rs 25 crore towards augmentation of copier paper conversion facility in Erode and Tirunelveli units, to enable the company to have increased participation in the Copier Market. There is no change in the overall paper manufacturing capacity of the company.
Project is planned for completion in 6 months from June 2026. The Board of Directors of the company, at their meeting held on May 12, 2026, have considered and approved the same.
