Shreenath Paper Products Increases Stake in Subsidiary to 75%

Shreenath Paper Products Ltd has increased its shareholding in its subsidiary, Shreenath Paper Industries Private Limited (SPIPL), from 50% to 75% as of September 24, 2026. SPIPL is already engaged in the manufacturing and sale of sublimation paper. The financial information of SPIPL will now be consolidated into the parent company's financial statements from the effective date, in accordance with applicable accounting standards and regulatory requirements. This update follows previous disclosures regarding the incorporation and acquisition of equity shares in SPIPL.