JK Paper: YPL Enterprises acquires 6.95% stake via scheme of arrangement

JK Paper Ltd has announced a significant shareholding change following a Composite Scheme of Arrangement. YPL Enterprises Pvt Ltd (YEPL) has acquired 1,26,07,662 equity shares, representing 6.95% of the total capital, in JK Paper Ltd. This acquisition is a result of the scheme becoming effective on October 12, 2026, which involved the amalgamation of Accurate, Sidhivinayak, JK Credit, and Pranav into YEPL, and the transfer of NBVL's paper trading business and investments to YEPL. Consequently, YEPL's shareholding in JK Paper increased from 1,93,000 shares (0.11%) to 1,28,00,662 shares (7.06%). This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.