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Three M Paper Boards raises Rs. 40 crore to expand eco-friendly packaging production.
Three M Paper Boards Limited, a Mumbai-based company, successfully raised Rs.
40 crore through a highly oversubscribed public issue.
The company specializes in eco-friendly, recycled paper-based packaging products for various industries, including food and beverage, pharmaceuticals, and cosmetics.
With a broad market reach across India and over 15 countries, the company plans to expand production capacity by 25% and invest in waste plastic-powered energy solutions to reduce costs.
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Tres M Paper Boards eleva Rs. 40 crores para ampliar la producción de envases respetuosos con el medio ambiente.