Announced Wed, 9 Sept, 2026 · 17:42 IST
JK Paper acquires remaining 20% in RWPL, makes it wholly owned subsidiary
JKPAPER · price
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Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹408.25
prior close
₹408.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.3+0.3+0.0+1.5-1.5+2.4+2.3+5.4+1.8-5.8———
Up moveDown movePending
AI summary
JK Paper has acquired the remaining 20% shareholding in Radhesham Wellpack Private Limited (RWPL), comprising 25,000 equity shares of about Rs 100 each, for a total consideration of about Rs 44.02 crore. This follows the Share Purchase and Shareholders Agreement dated December 13, 2024. With this acquisition, RWPL has become a wholly owned subsidiary of JK Paper. The company had earlier intimated about the deal in December 2024 and September 2025.
Likely market impact
RWPL is now a wholly owned subsidiary, giving JK Paper full ownership and control over its operations and financials.