JK Paper's Major Restructuring: Subsidiaries Merged, Capital Boosted, FIIs Eye Stock

• JK Paper Ltd implemented a Composite Scheme of Arrangement, merging three wholly-owned subsidiaries (JKPL Utility Packaging Solutions, Securipax Packaging, Horizon Packs) into itself, effective April 1, 2024.
• The scheme also transferred Enviro Tech Ventures' business to PSV Agro Products, making PSV Agro an associate company with JK Paper holding 31.12%.
• Sirpur Paper Mills is now a direct wholly-owned subsidiary of JK Paper, streamlining the company's structure.
• Authorized share capital will increase from approximately INR 500 crore to over INR 1,226 crore following the scheme's implementation.
• Despite a 3.38% share price dip on Friday, FII stake rose to 12.07% by December 2025, indicating growing investor interest; the stock gave a 13% return in the last year.