JK Paper Limited — JV/Acquisition, 22-04-2025: Acquisition
22-04-2025 | 04:49 pm
22-04-2025 | 04:49 pm
JK Paper has successfully acquired 3,728,400 equity shares, amounting to a 62.14% stake in Quadragen Vethealth Private Limited (QVPL), which is now a subsidiary of the company. The acquisition aligns with strategic objectives, enhancing market presence and operational synergies. The completion of the remaining 171,600 equity shares, representing a 2.86% stake, is anticipated by the end of May, contingent on meeting specified terms. This move underscores JK Paper's commitment to growth and value creation for its shareholders.
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