Satsuvan Paper Mills

SATSUVAN PAPER MILLS Is enter-ing the market on March 15 with a public issue of 1,73,600 equity shares of Rs 10 each to raise a part of the finance required for its Rs 1.48-crore project for manufacture of 4,400 tonnes of MG and MF kraft paper at Kherli near Alwar in Rajasthan, Main buildings are all ready and machines are under installation. Commercial production is expected to commence by the end of March 1982. Members of the company will be eligible for benefits under Section 80 CC of the Income-tax Act and investment will also be free from Wealth Tax for five years.