Acquisitions26 Sept 2025, 04:06 pm
JK Paper Ltd Completes Acquisition of Additional 20% Stake in Radhesham Wellpack Private Limited for Rs. 32.55 Crore
AI Summary
JK Paper Ltd has completed the acquisition of an additional 20% stake in Radhesham Wellpack Private Limited (RWPL) for a consideration of Rs. 32.55 crore. This acquisition involves the purchase of 25,000 equity shares of Rs. 100/- each, bringing the company's total shareholding in RWPL to 80% of the total paid-up share capital. The acquisition was carried out in accordance with the Share Purchase and Shareholders’ Agreement (SPSHA) dated 13th December 2024.
Key Highlights
- JK Paper Ltd acquires an additional 20% stake in Radhesham Wellpack Private Limited
- The acquisition consideration amounts to Rs. 32.55 crore
- Purchase includes 25,000 equity shares of Rs. 100/- each
- JK Paper Ltd's shareholding in RWPL increases to 80% of the total paid-up share capital
- Acquisition follows Share Purchase and Shareholders’ Agreement (SPSHA) dated 13th December 2024