JK Paper has received approval for acquisition of balance 15% equity shares of its subsidiary companies Horizon Packs (HPPL) and Securipax Packaging (SPPL). Post this acquisition, HPPL and SPPL will become wholly owned subsidiaries of the Company. The said acquisitions are in synergy with the growing packaging sector and corrugated packaging business of the company's subsidiaries. The Board of Directors of the company at its meeting held on May 16, 2024, has approved the same.
JK Paper is the leading player in Office papers, Coated papers and Packaging boards.
