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Madhya Pradesh Rajya Van Vikas Nigam Ltd. was incorporated as a company under the Companies Act, 1956 on 24th July 1975. The present authorised capital of the Nigam is ` 40.00 crores and paid-up capital is ` 39.32 crores, in which the contribution of GoMP and GoI is ` 37.93 crores and ` 1.39 crores respectively. Objectives of the Organisation are To accelerate and increase forestry production by creating plantation of Species of higher economic value, Fast growing species and Species capable of diversified use for industrial and commercial purposes.
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