Shri Anand Prakash Sharma with his two sons namely Sh. Nikhil Vats and Shri Daman Vats, engaged in the manufacturing business of Crushers and Khandsari as the ancestral business of the family, switched over to the manufacturing business of Paper and Paper Board at the end of Ninteen Hundred Eightees. Shri Anand Prakash Sharma along with his sons and brothers put up a manufacturing Unit in 1990 under the name of ANAND DUPLEX PVT. LTD. at 9th Km., Mawana Road, Village Saini, Meerut to manufacture KRAFT PAPER based on Agricultural products using Baggasse, Wheat Straw, Old Gunny Bags etc. as the Raw Material.
The Company engaged in production of Duplex Board till now further expanded its activities by adding one more Company named as ANAND TRIPLEX BOARD LTD. during 2004. This Company was set up as a separate Public Limited Company with the same management and put up a plant to manufacture NEWSPRINT & WRITING PRINTING PAPER at the Land, just adjoining the existing Company at Village Saini, Meerut, purchased for the purpose. Approximately 1,53,000 Square Yards Land was purchased for the purpose and the Project Cost was of Rs. 111 Crores. The Installed Capacity of the Plant originally planned was (150*330 MT) per day coming out to 49,500 MT per annum and was subsequently changed to (180*330 MT) per day coming to 59,800 MT per annum. The Unit came into Commercial Production in end of September 2008. The Unit has also put up a Turbine with a capacity of 10 MW, which has surplus power generation capacity after providing Power & Electricity to both the Companies.
Both the Companies have the same Directors namely Shri Anand Prakash Sharma (Chairman), Sh. Nikhil Vats (Managing Director) and Shri Daman Vats (Executive Director). Shri Daksh Nikhil son of Sh. Nikhil Vats is also the fourth Director in Anand Triplex Board Ltd.
Anand Triplex Board Ltd. is a closely held Public Limited Company with the entire shareholding held by the above Directors with their family members and friends.
Anand Group of Companies consisting of ANAND DUPLEX LTD. (known in short as ADL) and ANAND TRIPLEX BOARD LTD. (known in short as ATBL) is enjoying a combined Installed Production Capacity of around 1,40,000 MT of Paper per annum with its production Units spread over an area of 2,20,000 Square Yards approximately and is having a combined turnover of around Rs. 175 Crores.