ALPHA TRIBE

Subam Papers LtdUpdates, 13-08-2025: Company Update

13-08-2025 | 01:57 pm

Subam Papers Limited's wholly owned subsidiary, Subam Paper and Boards Private Limited, is venturing into the Logistics and Transportation business. A new vertical, VIB Logistics, will manage this operation. This strategic expansion aims to improve in-house logistics efficiency and reduce costs, while also providing services to external clients, creating a new revenue opportunity. The subsidiary's shareholders have approved the necessary changes to enable this new business line. The company plans to invest up to Rs. 10 Cr in this initiative, which is expected to enhance operational capabilities and contribute to future growth.

No comments yet. Be the first to comment!

All announcements from Subam Papers Ltd