Acquisitions9 Sept 2026, 05:50 pm
JK Paper Acquires Remaining 20% in RWPL for ₹44.02 Cr
AI Summary
JK Paper Ltd has acquired the remaining 20% shareholding in Radhesham Wellpack Private Limited (RWPL) for a consideration of ₹44.02 crore. This acquisition, comprising 25,000 equity shares, was completed on September 09, 2026, in line with the Share Purchase and Shareholders' Agreement dated December 13, 2024. Consequently, RWPL has now become a wholly owned subsidiary of JK Paper Ltd. This move signifies JK Paper's complete control over RWPL's operations and strategic direction.
Key Highlights
- JK Paper acquired the final 20% stake in RWPL.
- Total consideration for the remaining stake was ₹44.02 crore.
- RWPL is now a wholly owned subsidiary of JK Paper.
- Acquisition aligns with the Share Purchase and Shareholders' Agreement.
Price Impact
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