Shashi Garg reduced her stake in Ruchira Papers from 9.43% to 6.42%, transferring 9,00,000 shares through an off-market transaction. The transfer was executed as an inter-se promoter gift to her sons' HUF accounts.
A manufacturer of specialty papers based in India, Ruchira Papers produces Kraft paper and writing and printing paper for diverse industrial and commercial applications. Established in 1980, the company operates integrated manufacturing facilities that process raw materials into finished paper products. Its product portfolio serves packaging, publishing, and consumer goods sectors across domestic and export markets, serving customers in India and internationally.
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