Jk Credit and Accurate Finman Services Ltd bought 1,19,16,422 shares of JK Paper Limited for ₹401.46 Cr at ₹336.90 apiece. This raised the promoter group entity's stake from 0.09% to 5.63%, crossing the 5% disclosure threshold.
A leading Indian paper manufacturer established in 1962, JK Paper produces office papers, coated papers, and packaging boards for domestic and international markets. The company operates vertically integrated manufacturing facilities with advanced technology and serves diverse sectors including publishing, packaging, commercial printing, and specialty applications. It is recognized as one of India's most respected and established paper producers in the industry.
