JK Paper Ltd. announced today, June 11, 2026, that it has acquired an additional 40,08,899 equity shares in Borkar Packaging Private Limited (BPPL). This purchase, representing 15.40% of BPPL’s paid-up capital, increases JK Paper’s total shareholding to 87.36%. The acquisition is in line with the Share Purchase Subscription and Shareholders Agreement dated July 28, 2025.
Strategic Acquisition by JK Paper Ltd.
JK Paper Ltd. has significantly increased its investment in Borkar Packaging Private Limited (BPPL). In an announcement made on June 11, 2026, the company confirmed the acquisition of 40,08,899 equity shares of Borkar Packaging Private Limited. Each share has a face value of Rs. 10/-.
Increased Shareholding
This latest acquisition represents an additional 15.40% stake in the total paid-up share capital of Borkar Packaging Private Limited. Following this transaction, JK Paper Ltd.’s overall shareholding in BPPL has now risen to a substantial 87.36% of the total paid-up share capital. This move is a continuation of the agreement established on July 28, 2025, under the terms of the Share Purchase Subscription and Shareholders Agreement.
Context of the Agreement
The acquisition is a direct outcome of the Share Purchase Subscription and Shareholders Agreement that was originally executed on July 28, 2025. The company’s prior intimation regarding this matter was dated July 28, 2025, and this announcement serves as a further update on the progress of that agreement.
Source: BSE
