JK Paper Limited has successfully acquired the remaining 20% shareholding in Radhesham Wellpack Private Limited (RWPL) for a total consideration of ₹44.02 crore. This strategic move, finalized on September 09, 2026, makes RWPL a wholly owned subsidiary of JK Paper. The acquisition aligns with the Share Purchase and Shareholders’ Agreement dated December 13, 2024, and strengthens JK Paper’s operational control and consolidation of assets.
JK Paper Completes Radhesham Wellpack Acquisition
JK Paper Limited announced today, September 09, 2026, the successful acquisition of the remaining 20% equity shareholding in Radhesham Wellpack Private Limited (RWPL). The transaction involved the purchase of 25,000 equity shares at ₹100 each, for a total consideration of ₹44.02 crore. This acquisition was executed in accordance with the Share Purchase and Shareholders’ Agreement (SPSHA) that was initially dated December 13, 2024.
RWPL Becomes Wholly Owned Subsidiary
With the completion of this acquisition, Radhesham Wellpack Private Limited now stands as a wholly owned subsidiary of JK Paper Limited. This consolidation is expected to streamline operations and financial reporting. The company confirmed that all necessary details related to this acquisition were previously furnished as per regulatory requirements, referencing a disclosure made on December 13, 2024.
Source: BSE
