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JK Paper acquires 62.14% stake in Quadragen Vethealth

23 Apr 2025 Evaluate

JK Paper has successfully acquired 37,28,400 equity shares representing 62.14% of paid-up share capital of Quadragen Vethealth (QVPL) within the said timelines, in accordance with the terms of the Share Purchase and Shareholders Agreement (SPSHA). Post said acquisition, QVPL has become subsidiary of the company. 

The acquisition of balance 1,71,600 equity shares representing 2.86% of total paid-up share capital is expected to be completed by May 31, 2025, subject to the fulfillment of conditions as stipulated in the SPSHA. 

JK Paper is the leading player in Office papers, Coated papers and Packaging boards.


JK Paper Share Price

373.00 -5.85 (-1.54%)
17-Apr-2026 13:40 View Price Chart
Peers
Company Name CMP
JK Paper 373.00
TN Newsprints 139.45
West Coast Paper 494.90
Emami Paper Mills 75.40
Seshasayee Paper 273.30
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