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JK Paper acquires remaining stake of JKETL

08 Oct 2016 Evaluate

JK Paper has acquired all the remaining 16,865 fully paid equity shares of Rs 10 each (1.03%) of JK Enviro-Tech (JKETL), the subsidiary of the Company. Consequently, JKETL has now become a wholly owned subsidiary of the company.

JK Paper is engaged in paper manufacturing business. The company is India’s largest producer of branded papers is a leading player in the printing and writing segment.

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