ORIGAMI CELLULO PRIVATE LIMITED Risk Report

🛡️ Financial & Liquidity

In a significant financial development, Origami Cellulo Private Limited is now under new ownership as the Indonesia-based April Group has acquired a controlling stake in the company. This change potentially brings stability and new resources to Origami, which can influence its market position positively. The acquisition is a notable event in the paper and forest product manufacturing industry, highlighting cross-border investments.

• Indonesia's April Group acquired a controlling stake in Origami, marking the entry of the group into India and strengthening its global presence 🗓 May 15, 2024.
• The acquisition by April Group was reported across various financial outlets, including Bloomberg and Moneycontrol, underlining its significance in the market 🗓 May 15, 2024.
• The move is positioned as a strategic expansion for April Group into the Indian market by acquiring a tissue paper producer 🗓 May 17, 2024.
• PrintWeekIndia also reported on the April Group's controlling stake acquisition, fruther cementing the magnitude of this investment 🗓 May 20, 2024.