JK Paper Increases Stake in Borkar Packaging Private Limited Following Share Acquisition
JK Paper Limited has substantially increased its ownership stake in Borkar Packaging Private Limited (BPPL) following a recent acquisition of equity shares, bringing its holding to 87.36%.The company acquired 40,08,899 equity shares of BPPL, each having a face value of Rs. 10/-. This transaction was executed in accordance with the terms set out in the Share Purchase Subscription and Shareholders Agreement dated July 28, 2025.
Prior to this specific acquisition, the purchased shares represented 15.40% of the total paid-up share capital of BPPL. Following the completion of the transaction on June 11, 2026, JK Paper Limited’s combined shareholding in Borkar Packaging Private Limited rose to 87.36% of the company's total paid-up share capital.
JKPAPER Stock Price Movement
JK Paper Limited shed 0.63% on a closing trade today, settling at ₹346.2 after shedding ₹2.20. The stock saw a traded volume of 163,270 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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