A S K Y &

A S K Y & CO Bindal Papers Ltd. is part of the highly dynamic and rapidly growing Bindal Group whose annual revenues exceed Rs.10 Billion(US $ 200 Million). The Group has a diversified Business Portfolio in Manufacturing of Packaging grades of paper and paperboards, tissue papers, iron & steel, besides trading of commodities the Group enjoys a strong Leadership position in the Kraft/ Liner board segment. The Groups fundamental business philosophy is dictated by the ever growing needs of the customer for Quality products, backed by a robust Service Culture and competitive Costs. In each product category Bindals manufacturing facilities enjoy the highest operating efficiencies, thus resulting in more competitive cost structure. The surpluses generated by the Group are reinvested in the core paper business - thereby ensuring continuing growth and rising market share. In this perspective Bindals identified a significant Investment opportunity in the high end Printing and Writing Paper sector by setting up a modern Greenfield plant in Muzaffarnagar ,UP with a manufacturing capacity of 1,00,000 TPY. This is expected to generate incremental revenues(for the group) of over Rs.4000 million or around US$80 Million per year. More importantly, the Group will participate in the fast growing High Bright SS Maplitho Paper (uncoated woodfree paper)and Branded Copier Paper(cut-size) segments, making it a one-stop-shop paper group, enabling customers to source the widest range of papers and boards.