Our Vision & Mission

We're pioneer in paperboard manufacturing known for delivery of high quality products to its customers for
over three decades.


We strive to be a strategic partner to our clients in their quest for growth by providing timely support in their operations.


We bring the right people together to challenge established thinking and drive transform & We are proud for our projects


The focus on quality begins with identification of raw materials, regular inspection, testing and validation before it is delivered.


Sindu Valley Technologies Limited, originally incorporated as Jhunjhunu Investments Limited on was incorporated on 19th March 1976 under the Companies Act, 1956. Further pursuant to a special resolution passed at the Annual General Meeting of Jhunjhunu Investments Limited, the name of Jhunjhunu Investments Limited was changed to Sindu Valley Technologies Limited and a fresh Certificate of Incorporation dated 12th December 2000 pursuant to change of name was issued by the Registrar of Companies, Mumbai, Karnataka. The name of the Company has been changed to Sindu Valley Technologies Limited on 12th December 2000 and the Company was into Computers - Software & Consulting. Bhadra Paper Mills Limited has taken over 73.55 % shares of promoters on 17th June 2021. Bhadra manufacture diverse and multi-application range of paperboards and allied products and are focused in the production and marketing.

Sindu Valley manufacture diverse and multi-application range of paperboards and allied products and are focused in the production and marketing of paperboard products for packing, packaging and stationery segments of the paper industry. Sindu Valley's product portfolio includes duplex board, file board, chipboard, grey board and colour board of various GSMs. Sindu Valley Technologies Limited has changed the object clause and is more into manufacture and trading of Paper and Paper Boards. Pursuant to the shifting of Registered Office of Sindu Valley Technologies Limited to Bangalore, Karnataka a fresh certificate of incorporation was issued vide CIN: L21000KA1976PLC173212. The Company is yet to commence its business after acquisition


Managing Director

Mr. Reby Thomas Elsan (Din: 06505474) is a Managing Director of the Company and he is a qualified Engineering Graduate and Post Graduate in Business Administration with specialization in Finance and Marketing He has Diversified experience of over 28 years working in reputed Indian conglomerates like Shapoorji Pallonji & Co., Thermax and Voltas, in the implementation of EPC, Design Build and Concessions Projects in field of Water Management, Irrigation, Industrial, Environment and Urban Infrastructure. He has handled P&L responsibility of a pan-India multi-vertical EPC business operations for over 21 years. He has experience of commencing and setting up complete operations of the Infrastructure Business enterprise and leading it. He has experience of handling broad spectrum of projects and iconic ones on Pan-India basis. Mr. Reby has lead conceiving and successfully implementing long & short-term strategic business plans for driving each vertical to size and scale to grow it into a major business enterprise for a leading business group in the country. He has hands on experience of handling Project Operations, fund raising, Business Development, Contracts, Legal, Finance and Commercial matters related to BOOT and EPC projects in Municipal and Industrial sector. He is TSMG qualified Assessor of Business Systems and Processes and Ethics Counselling and he actively pursued these additional responsibilities of Business Process Audit of various Tata group Companies and Regional Ethics Counselling portfolio during his stint in Voltas.

Independent Director

Mr. Kazim Raza Khan (DIN: 05188955) is a Director of the Company He is a Masters in Business Administration with elective as Finance and International Trade Management and holds a Bachelor’s degree in Civil Engineering. He has completed courses for Top Management Programme from Asian Institute of Management, Philliphines and OWP programme from Institute for Management Development, Singapore. He also holds Life Membership of Indian Road Congress. He has vast experience in Construction of Highways and Airfields with an experience of World Bank Aided projects and various projects under PPP.Mr. Kazim Raza Khan has an overall professional experience of more than three decades in technical field focused towards Infrastructure. He joined IL&FS group in December 2005 as Assistant Vice President in IL&FS Transportation Networks Limited (ITNL) and hold the position as Senior Vice President and Regional Head of South and West India till January 2019 when the newly appointed IL&FS Board appointed him as Business In-charge and then subsequently as CEO on May 16, 2019 in IL&FS Engineering & Construction Company Limited (IECCL). Under his leadership, IECCL has shown a complete turn-around and subsequently becoming a going concern company.

Independent Director

Mr. Samrathdan Zula (DIN: 03151303) is a Director of the Company. He is Diploma in Civil Engineering. He has more than 30 years of experience in the business of construction. Under his leadership, Company has achieved various millstones with focus on continuous innovation and relentless pursuit of growth and excellence, He has a strong background in Designing and Executing Civil Construction. His dedication and passion towards infrastructure saw him rise through the ranks, along with helping the company scale new heights He liaisons with government and non-government agencies, he is also responsible for financial planning, business process streamlining and is focused on business development.

Independendent Director

Mrs. Kavita Akshay Chhajer (DIN: 07146097) is a Director of the Company and she is a qualified Company Secretary and is having an experience with various corporates ranging from manufacturing entities to Service business as Company Secretary and Legal advisory since 2007. She has an immense knowledge and experience in dealing with matters relating to Company Law, Securities Laws, Legal Due Diligence Companies, Documents relating to Joint Ventures, FEMA, Merger, Demerger and Acquisitions, drafting of various Legal Agreements including share purchase agreement, shareholders’ agreement, vetting of Tenders and various Business agreements, Litigation management. Handling compliances of Base Layer NBFCs.

Non-Executive Director

Ms. Sharitha Madesh, aged 48 years, is the Non-Executive Director of our Company since August 2021. She is also a Non executive Director of Bhadra Paper Mills Limited (Bhadra), a holding company of Sindu Valley Technologies Limited since December 17, 2013. She has more than 19 years of experience as a HR professional. She holds a degree in Bachelor of Arts from Bishop Cotton Christian Women’s college, Bangalore

Chief Financial Officer (CFO)

Mr. Syed Mahtab Alam is a Chief Financial Officer of the Company and is a Chartered Accountant with 19+ years of experience in Banking, Corporate Finance & Financial Controls in Construction and Infrastructure sector, Has worked with major banks such as ICICI bank and HDFC bank in various capacities and handled large transactions as a banker and significant experience of consulting large Infrastructure companies in India and GCC on various aspects such as techno commercial audit, operational efficiency, Cost management and Financial Controls.

Company Secretary (CS) and Compliance Officer

Ms. Sandhya Deshpande is the Company Secretary (CS) and Compliance Officer of our Company. She has been associated with our Company since May 12, 2023. She is also a CS of Bhadra Paper Mills Limited, a holding company of Sindu Valley Technologies Limited. She is a member of Institute of Company Secretaries of India. She has obtained the degree of bachelor’s in business management from the University of Mysore and is a certified member of the Institute of Business Administration and Management, New Delhi. She has nearly 32 years of experience and is responsible for compliance with statutory and regulatory requirements and for ensuring that decisions of our Board are implemented.


Quality and consistency is achieved by having world-class machines sourced from various countries, combined with high quality raw materials
sourced from reputed suppliers.

Uncoated Duplex Board

Duplex board, which is also known as Grey back or White back duplex boards, is a form of paperboard or cardboard with a double-sided grey or white color.

Coated Duplex Board

Coated duplex board is a type of boxboard with a glossy coated surface on one side for superior printability.

File Board / Colour Board

File boad is used loose-leaf binders, suspended files, filing cards, floating files, art files, application files, organizer files, divider sheets.

Grey Board

A base layer for writing and drawing pads. Ideal for making display boards for product displays in retail stores.

Chip Board

Coated duplex board is a type of boxboard with a glossy coated surface on one side for superior printability.

Multi layer Coated Board

A multilayer board is constructed from a number of single-sided or double-sided sub-boards.15 The individual sub-boards can be very thin, and multilayer boards

  • We are committed to running an environmentally responsible business. We value the importance of aligning the business interests with that of world’s critical need for a cleaner planet.

  • Our products are made out of 100% recycled fibre (RCF). In addition to saving trees, recycled papers consume 55% lesser water.

  • The company has invested in solar plant of 2.5 MW near Tumkur to meet the power needs of the company and reduce the dependence on non-renewable source of energy.

  • With our state-of-the-art Effluent Treatment Plant, we recycle 100% of the water and are proud to be a Zero Discharge Factory . We continuously monitor and minimise our water usage.

  • We efficiently utilize agricultural waste products such as coffee husks, groundnut husks, etc., to run our boiler reducing our coal dependency.


    We value the importance of aligning the business interests with that of world’s
    critical need for a cleaner planet.


    Specifications & Parameters all at one place for you to choose from, for the right application.


    Right from finalizing the product to its delivery to its installation. A perfect deal it will be.


    We measure Performance in terms of the benefit our clients gets from us. We grow with you.

    Trust & Quality

    Quality that speaks for itself. Trust that has built over more than 12 years.

    Services & Support

    Our relationship with the client starts after the purchase is made. We are always a call away for all queries & concerns.

    Skilled Team

    We have the best skilled and experienced professionals working for you with their heart and soul to give you the best.

    SINDU VALLEY in paper board manufacturing since 1956