JK Paper: YPL Enterprises acquires 6.95% stake via scheme of arrangement
JK Paper Ltd has announced a significant shareholding change following a Composite Scheme of Arrangement. YPL Enterprises Pvt Ltd (YEPL) has acquired 1,26,07,662 equity shares, representing 6.95% of the total capital, in JK Paper Ltd. This acquisition is a result of the scheme becoming effective on October 12, 2026, which involved the amalgamation of Accurate, Sidhivinayak, JK Credit, and Pranav into YEPL, and the transfer of NBVL's paper trading business and investments to YEPL.
Consequently, YEPL's shareholding in JK Paper increased from 1,93,000 shares (0.11%) to 1,28,00,662 shares…
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Story file
- Section
- Business
- Topics
- Stock market, Government schemes
- First reported by
- Stockwatch
- Reporter
- stockwatch
- Published
- Wednesday, 14 October 2026, 5:30 am IST
- Coverage
- One outlet so far
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