shree ajit pulp and paper is planning a corrugated boxes manufacturing unit at vapi, dist. valsad, gujarat. this is a forward integration project for the company. the board of directors of the company, at its meeting held on 28th march, 2017, has approved the project at an estimated capital outlay of rs. 800 million. this will be financed by appropriate mix of term loan and internal accruals of the company. [info as of: mar. 17]