JK Paper Limited has announced an update on its acquisition of Quadragen Vethealth Private Limited (QVPL). The company has acquired an additional 5.46% stake, bringing its total holding to 72.00% of QVPL’s paid-up share capital. This move follows a prior agreement and further solidifies JK Paper’s investment in the animal health sector.
JK Paper Expands Investment in Quadragen Vethealth
JK Paper Limited has provided an update on its ongoing acquisition of Quadragen Vethealth Private Limited (QVPL). Following an earlier intimation, the company has successfully acquired an additional 3,27,604 equity shares of QVPL, each with a face value of Rs. 10/-. This acquisition represents 5.46% of QVPL’s paid-up share capital. Furthermore, JK Paper is in the process of acquiring another 92,396 equity shares, which will add 1.54% to its stake.
Increased Shareholding to 72%
Upon the completion of these acquisitions, JK Paper’s total shareholding in Quadragen Vethealth Private Limited is set to increase to 72.00% of the company’s total paid-up share capital. The details required by regulatory bodies have been previously furnished in an earlier disclosure dated January 29, 2025. The date and time of occurrence for this event were noted as November 4, 2026, at 12:12 P.M.
Source: BSE