Seshasayee Paper and Boards Limited (NSEI:SESHAPAPER) agreed to acquire Assets Of Servalakshmi Paper Limited from Servalakshmi Paper Limited for INR 1 billion on September 19, 2022. The deal is subject to National Company Law Tribunal. As of May 12, 2023 National Company Law Tribunal approved the deal.

Seshasayee Paper and Boards Limited (NSEI:SESHAPAPER) completed the acquisition of Assets Of Servalakshmi Paper Limited from Servalakshmi Paper Limited on May 12, 2023.