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History of Agio Paper and Industries Ltd.

YEAR EVENTS 1984 - The Comp. was incorporated on September 20, under the name of BDT business limited It was promoted by Buxa Dooars Tea Co. [Indias] limited & Mr. J.P. Kanoi, R.K. Kanoi & S.K. Kanoi.

- 1,00,107 No. of equity shares issued at par.

1989 - The name of Comp. was changed to Kanoi Paper and Industries limited on 7th August.

- The plant & machinery installed include interalia pulp mill which has been designed to produce 15,500 TPA of pulp an imported second hand MG combination paper machine manufactured by AC Dovies of W. Germany capable of providing 15,500 TPA of paper in the range of 47 gsm to 120 gsm etc.

- 10,00,000 No. of equity shares allotted at par.

1990 - During April, the Comp. offered 26,49,893 No. of equity shares at par as follows. 3,99,893 shares were offered to the directors, their friends & relatives [all were taken ups] 1,87,500 shares to the employees [only 62,800 shares taken up. Balance added to the public issues] 2,25,000 shares to the SBI Mutual Fund [all were taken ups] 2,25,000 shares to the Canbank Mutual Fund [all were taken ups], 16,12,500 shares to the public [All were taken ups]. Additional 3,37,500 shares allotted to retain 15% over subscription along with 1,24,700 shares not taken up by employeess].

1994 - 3,900 No. of equity shares forfeited. Preference shares redeemed.

1995 - 20,41,800 Right equity shares allotted in the ratio of 1:2 at a premium of Rs 15 per share.

2008

-Orion Paper and Industries Ltd has appointed Mr. Sumitro Mukherjee as an additional director of Comp. w.e.f. June 27, 2008.

2009

- Orion Paper and Industries Ltd has informed BSE that Mr. B K Taimni has been appointed as an Additional Director of Comp. with effect from January 30, 2009.