JK Paper acquires remaining 20% stake in Radhesham Wellpack for ₹44.02 Crore
JK Paper Limited acquired the remaining 20% stake in Radhesham Wellpack Private Limited (RWPL) for ₹44.02 crore on September 09, 2026. RWPL is now a wholly owned subsidiary.
The acquisition of a subsidiary, while positive, is unlikely to have a significant immediate impact on the overall financial performance of a large listed company.
The acquisition of the remaining stake and making the subsidiary wholly owned is a positive development for the company.
JK Paper Limited has announced the acquisition of the remaining 20% shareholding in Radhesham Wellpack Private Limited (RWPL). The acquisition, which took place on September 09, 2026, involved 25,000 equity shares of ₹100 each, for a total consideration of ₹44.02 crore. This transaction was executed in accordance with the Share Purchase and Shareholders' Agreement dated December 13, 2024.
As a result of this acquisition, Radhesham Wellpack Private Limited has now become a wholly owned subsidiary of JK Paper Limited. The company had previously intimated its stake acquisition in RWPL on December 13, 2024, and September 26, 2025.
All requisite details as per SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, were previously furnished in the disclosure dated December 13, 2024.
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JK Paper Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by JK Paper Limited. Read the original for the full detail.