The Andhra Pradesh Paper Mills Ltd. is the flagship Company of the LN Bangur Group. APPM has an equity base (shareholders’ fund) of about Rs.382 crores and a gross assets base of Rs.945 crores.

The Company has finalised a major Mill Development Plan (MDP) with an outlay of about Rs.916 crores. Leading International Financial Institutions like IFC, Washington and DEG, Germany and domestic Banks such as State Bank of India and Canara Bank have financed this project. Phase-I of the above project involving a capital out-lay of Rs.545 crores has been successfully commissioned.

Since its inception, APPM has had a consistent track record of profitability and dividend distribution and is committed to the creation and increase in value of its shareholders and other stakeholders.