MPM Recruitment 2017. Latest MPM Recruitment Jobs Vacancies
Get all latest MPM Recruitment 2017 Jobs in India. Latest MPM recruitment July 2017 notification issued for the post recruitment 2017 for candidates completed to apply Jobs in Mysore Paper Mills recruitment 2017
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About Mysore Paper Mills
The Mysore Paper Mills Limited, (MPM) founded by Sri.Krishnaraja Wodeyar Bahadur in 1937 the Maharaja of erstwhile Mysore State was incorporated on 20th May 1936 under the then Mysore Companies Regulation, VIII of 1917. Later it became a Government Company in 1977 under Section 617 of the Companies Act, 1956. The Company has its Registered Office at Bangalore and its plant located at Bhadravati, Shimoga District, Karnataka State. The Company has an Authorized Capital of 150 Crs. and paid up capital of about 120 Crs. The shares of the company are listed in the Bombay Stock Exchange and there are about 17,000 shareholders. While Government of Karnataka holds 65% of the shareholding of the Company, IDBI and other Financial Institutions hold 18% of the shares and shareholding by the General Public is 17%. The company is managed by eminent Board of Directors consisting of IAS, IFS and other professionals.