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Company Information

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HUHTAMAKI INDIA LTD.

24 July 2026 | 12:00

Industry >> Packaging & Containers

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ISIN No INE275B01026 BSE Code / NSE Code 509820 / HUHTAMAKI Book Value (Rs.) 155.88 Face Value 2.00
Bookclosure 23/04/2026 52Week High 321 EPS 15.65 P/E 20.37
Market Cap. 2406.73 Cr. 52Week Low 149 P/BV / Div Yield (%) 2.04 / 0.63 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
YEAR EVENTS 1935 - The Company was originally established in the year as a partnership concern. In 1947 the Company shifted from Lahore to Delhi and subsequently in 1950 its constitution was changed to Public Ltd. Co. The Company started its manufacturing activities in 1955 at Ghatkopar (Near Mumbai).

1965 - The Company acquired Paper Converters India, an existing unit in Faridabad.

1970 - The Company set up an Extrusion Coating facility at Nagpur.

1991 - The Company entered into a technology tie-up with Dennison Manufacturing Ltd., U S A. for "TherimageTechnology" for printing on plastic & PVC containers. 1992 - The Company has entered into a technical collaboration agreement with Avery Dennison, USA for manufacture of high quality labels in India.

1993 - The Company has technical collaboration agreement for transfer of technology for manufacture of printed Shrink Sleeves was entered into with Fuji Seal Inc, Japan, world leader in this field.

1994 - The Company has a technical collaboration for manufacture of heat transfer labels with Avery Dennison USA.

1995 - The Company has launched sophisticated new labelling technologies with the assistance of foreign technical collaborations.

- The Company has been awarded 3 India Star Awards for excellent work done in packaging products by Indian Institute of Packaging.

- The Company has also won the internationally prestigious World Star Award in respect of Metallised Polyethylene Film awarded by World Packaging Organisation.

1996 - The Company issued on a Rights Basis 10,28,342 partly convertible debentures (PCD's) of Rs. 100/- each.

1997 - PPL fostered a technology transfer agreement with Avery Dennision (US) to unveil the sophisticated thermiage technology in India.

1998 - The Thapar group firm APR Ltd has entered into a memorandum of understanding (MoU) with packaging major The Paper Products Ltd (PPL) for the sale of APR's packaging business whose current turnover is around Rs 15 crore.

1999 - The Company has allotted 63,94,093 shares of Rs. 10/- each at a premium of Rs. 90/- per share aggregating to Rs. 639.4 million to Valevefa B.V. a 100% subsidiary of Royal Packaging Industries Van Leer N. V.

2000 - Crisil has upgraded the rating of Paper Products' Rs. 5.14-crire debenture programme from `A+' to `AA', indicating high safety in repayment of interest and principal.

- Paper Products Ltd (PPL), a subsidiary of the Finland-based Huhtamaki Van Leer (HVL).

2003

-Non Executive Chairman Shri Suresh Talwar of the company passes away.

-Elects K C Narang as the Non-Executive Chairman of the company BOD.

- Mr. Manoj J Malhotra, Company Secretary of the Company has resigned and relieved from the office . He has also ceased to act as Compliance Officer and in his place Mr. Ravi Chidambaram, Controller-Finance has been appointed as the Compliance Officer till the date new Company Secretary is appointed.

2004

-Paper Products Ltd has informed that Mr. Pradeep Pasari, A. C. S. No. 11742 has been appointed as Company Secretary wef January 01, 2004.

-Paper Products bags Best Value Creator - Small Size Companies 2003-04 award

2006

-The Paper Products Limited has appointed Mr. Ravi Chidambaram, Controller- Finance & Joint CFO as the Compliance Officer.

2007

- Paper Products Ltd has informed that the Company has commenced commercial production at the Company's North India Greenfield Project in January 2007.

-The Paper Products Limited has appointed Mr. Sushil Kumar Agarwal, A.C.S. No. 12995 as Company Secretary w.e.f. 21st March 2007.

- The Company has splits its face value from Rs10/- to Rs2/-.

2008

-Paper Products Ltd has recommended dividend of Rs 1.80/- per equity share

2009

-Paper Products Ltd has recommended dividend of Rs 1.80/- per equity share

2010

-Paper Products Ltd has recommended dividend of Rs. 2/- per equity share

2011

-Paper Products Ltd has recommended dividend of Rs. 2.20/- per equity share

2012

-Paper Products Ltd has recommended dividend of Rs. 2.40/- per equity share

-PaperProduct - Acquisition of 51% of equity shares of Webtech Labels Private Limited

2013

-Paper Products Ltd has recommended dividend of Rs.2.60/- per equity share.

-Registered office of the Company has been shifted from Regent Chambers, 13th Floor, Nariman Point, Mumbai - 400021 Maharashtra. to 12A-06, B-wing, 13th Floor, Parinee CRESCENZO, C-38/39 G-Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051, Maharashtra - Tele No.: (022) 2653 1320 - Tele-fax No.: (022) 2653 1310

2014

-PaperProduct acquired Positive Packaging Industries Limited, India.

-The Company name has been changed from "The Paper Products Limited" (former name) to Huhtamaki PPL Limited" (new name) with effect from May 27, 2014.

2016 -Huhtamaki PPL setting up flexible packaging mfg unit in Assam

2018 -"The Company has completed the acquisition of the business of M/s. Ajanta Packaging, India in terms of the Business Transfer Agreement and other related documents executed between the Company and Ajanta Packaging, India".

2020 -Company name has changed to Huhtamaki India Ltd. from Huhtamaki PPL Ltd.

2022

-Huhtamaki India has earned new recognition at the prestigious IFCA STAR Awards 2022 platform. The Indian Flexible Packaging and Folding Carton Association (IFCA) has announced four packaging awards to Huhtamaki India Ltd.

-The Economic Times Polymer Excellence Award platform has recognied huhtamaki India's Ltd edition variable festive tea packs as a winner in the 'Excellence in packaging' Category