JK Paper has received an approval to purchase the remaining shares of its associate JK Enviro-Tech amounting to a face value of Rs 3.25 crore and explore options of consolidation of its operations with the company. The board of directors at its meeting held on May 21, 2013 has approved for the same.
JK Paper is India’s largest producer of branded paper and is a leading player in the printing and writing segment. It is also engaged in outsourcing activity wherein it contracts the capacities of other mills in India and abroad to manufacture various grades of paper, maintaining the same quality and service assurance.
