JKPAPER
JK Paper ; Co's Scheme of Arrangement Becomes Effective • ⚖️ NCLT Approval Implemented: Composite scheme of arrangement for amalgamation & demerger becomes effective from 15 March 2026. • 🔄 Subsidiary Merger: Utility Packaging Solutions, Securipax Packaging & Horizon Packs amalgamated with JK Paper. • 🏭 Business Demerger: Enviro Tech Ventures’ demerged undertaking transferred to PSV Agro Products. • 📊 Shareholding Impact: PSV Agro becomes an associate company of JK Paper. • 🏢 Capital Reorganisation: Company’s authorized share capital increased following the scheme. 🟢 Impact: Positive Corporate restructuring simplifies group structure, improves operational efficiency and strengthens business alignment.
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