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JK Paper acquires 15.40% stake in Borkar Packaging

12 Jun 2026 Evaluate

JK Paper has acquired 40,08,899 equity shares of face value of Rs 10 each representing 15.40% of the total paid-up share capital of Borkar Packaging (BPPL). Post this acquisition, the company's shareholding in BPPL has increased to 87.36% of the total paid-up share capital of BPPL. The above acquisition is part of the Share Purchase, Subscription, and Shareholders' Agreement dated July 28, 2025.

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


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