News

You are here

Post on: Monday, May 21, 2018 - 4:15pm

On 18th and 190th of May, 2018 YPL had its Audit Committee, Strategic Committee, CSR Committee and Board Meetings in Hotel Levana Suites, Lucknow.

 

On 18th May, 2018 :Audit Committee meeting was chaired by Committee Chairman Mr. G.N. Gupta. Internal Audit Report of Quarter 4 of the financial year was discussed during the meeting.

Followed by Strategic Committee where strategic plans and innovation was the topic of discussion headed by Mr. K.D. Pudumjee.

 

On 19th May, 2018: Chairman of the Board of Directors Mr. K.D. Pudumjee chaired the YPL Board meeting. Financials for the quarter and year ended 31st March, 2018 were approved by the Board. Mr. Basant Kumar Khaitan was appointed as a new member of the Board of Directors of Yash Papers Limited in the capacity of Additional Director(Independent).

 

Other Major discussions were insights from Strategic & Audit Committee. AOP finalization and presentation on the business performance was also presented in front of the Board. Discussion over the progress related to the ‘tableware’ wing and also production, challenges, sales and profitability of both the Paper business as well as the tableware business were main considerations.

 

Team Yash along with Board Members also celebrated the birthday of our Director Mrs. Kimberly Ann Mcarthur. We also celebrated the highest profitability ever in the month of April, 2018.

Post on: Thursday, May 17, 2018 - 12:20pm

Team Yash celebrated the highest profitability with a super fun party grooving on dance moves and songs. All sanghs were presented with a certificate of honor for their contribution to achieve the target. The team also took an oath for controlling any type of losses.

Post on: Monday, May 14, 2018 - 5:21pm

Dr. -Ing. Francesco De Biasi  from ICONe, Italy and Mr. Venkatraman Gokulakrishnan & Mr. Amol Deshmukh from PAPCEL visited Yash Papers Limited for PM3 Rebuild regarding bag paper finalising the production capacity of 100 TPD.

Post on: Saturday, May 12, 2018 - 2:32pm

Team Yash participated in an amazing learning and interactive workshop conducted by Cii on Managerial Effectiveness "How to be a good manager" in Lucknow.

Post on: Tuesday, May 8, 2018 - 2:37pm

Paper Vyapar Sangh has achieved the highest machine production of about 80.5 MT on PM3 in a day and Kagaz Finish Sangh has achieved the highest finished production of 146.9 MT out of 3 paper machines

Post on: Saturday, May 5, 2018 - 1:13pm

Our people at PM2 were honored to minimize fresh water consumption from 250 -300 kilolitres per day to 20 -30 kilolitres per day. Keep Going Team Yash.

Post on: Saturday, May 5, 2018 - 1:08pm

We witnessed export dispatch of 1102 MT in March 2018. Our team broke its own record & set a new highest export dispatch of1147 MT in April 2018 

Post on: Saturday, May 5, 2018 - 1:04pm

Congratulations team!

PM3 made a new record in 30 GSM Machine speed that is 422 MPM. Well done Team!

Previous record was of 411 MPM.

Post on: Saturday, May 5, 2018 - 12:58pm

Mr. Vivek Ranjan & Mr. Vishnukant Rai  from Team Yash attended Training on Design & Process FMEA at CII Gurgaon. 29 Design Engineers from different industries also participated in this amazing learning & training session

Post on: Saturday, May 5, 2018 - 12:37pm

Our Business Head Mr. Jagdeep Hira from Team Yash visited Zanders Mill in Germany a family owned mill, one-time Famous and most profitable industry in Koln Germany way back 1825 to 1985 enjoyed their dominating position for almost 160 years with only One machine which got sold to India in 1989. This mill had gone under 3 acquisitions. 

Surprisingly what their lead management consultant reveled off the presentations

1 ) They are only producing 1Million ton with the installed capacity of 3 million ton which is only 33% capacity 
2) Operating EBIDTA even at 33 %operating capacity is 28%.
3) They had 3000 people working in 2015, during the last merger and after reform, they have only 500.
4) They studied the layover workforce and surprised with the data 
2% - 4% employee got disengaged were really productive and key members.
30 % employee were laid off due to living in comfort zone.
50 % were studied to be laid off who were working very hard for owner family only and at times.
10% got off due to fitness level. 
Interestingly they have not come up with any major new reform in the Prevailing asset.  Added only 10% of total asset value in forwarding integration. 
 
Was a real eye-opener and a lesson to learn.
The consulting company Mutares helped and invested in financing back Zanders family to get the company back. 
This Management consulting company have done several acquisitions and their experience is similar and correct to 99%.