<h1>SPMCIL Celebrates 6th Foundation Day; Plans New Bank Note Paper Facilities for Self-Sufficiency and Debt-Free Status by 2012.</h1> The Security Printing and Minting Corporation of India Ltd. (SPMCIL) celebrated its 6th Foundation Day, highlighting its progress since corporatization. The company plans to commission a bank note paper line in Hoshangabad by the end of 2013 and a joint venture paper mill in Mysore by April 2014, aiming for self-sufficiency in bank note paper production. SPMCIL, which has achieved significant financial growth and received Mini Ratna Category I status, aims to be debt-free by March 2012. The company is investing in modernization to enhance security features in currency production, contributing to India's self-reliance in security products.