Subam Papers
137.00
-3.15(-2.25%)
Market Cap₹318.48 Cr
PE Ratio12.19
Company Performance:
1D-2.25%
1M-3.42%
6M+28.16%
1Y-5.84%
5Y-8.12%
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Latest news about Subam Papers
Subam Papers' Subsidiary Enters Logistics Sector with Rs 10 Crore Investment Plan Aug 13, 2025
Subam Paper and Boards Private Limited, a wholly owned subsidiary of Subam Papers Limited, is expanding into the logistics and transportation sector with a new division called VIB Logistics. The company plans to invest up to Rs 10 crores in this venture, which will focus on goods movement, storage services, and delivery operations. This strategic move aims to reduce in-house transportation costs and create new revenue streams by serving external clients. Shareholders approved the necessary amendments to the Memorandum of Association on August 13, 2025.