JK Paper has decided to sell the 20% shareholding in joint venture ‘Oji India Packaging (OJPPL)’ to Oji Holdings Corporation, Japan (OHC), one of the joint venture parties, and has authorized in this regard certain Directors/Executives of the company to sign the Share Purchase Agreement and to transfer the relevant shares to OHC, whereby the company would cease to be a party of the above said Joint Venture.
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.
