JK Paper Ltd Scheme of Arrangement Becomes Effective: Key Highlights and Consequences

JK Paper Ltd has announced that the Scheme of Arrangement has become effective from 15th March 2026. The scheme involves the amalgamation of JKPL Utility Packaging Solutions Private Limited, Securipax Packaging Private Limited, and Horizon Packs Private Limited into JK Paper Limited. Additionally, the Demerged Undertaking of Enviro Tech Ventures Limited has been transferred to PSV Agro Products Private Limited, and Enviro Tech Ventures Limited has been amalgamated with JK Paper Limited. The scheme also includes the reduction and conversion of redeemable preference shares of Enviro Tech Ventures Limited into unsecured loan and the cancellation of the loan upon amalgamation of the Residual Business of ETVL with the Company. The Company's authorized share capital will also increase upon amalgamation of the Transferor Companies.