JK Paper has completed the acquisition of an additional 20% stake in Radhesham Wellpack Private Limited (RWPL) for Rs. 32.55 crore.

This strategic move increases JK Paper's total shareholding in RWPL to 80%, solidifying its control.

The enhanced stake in RWPL indicates JK Paper's commitment to strengthening its position or expanding its capabilities within related packaging or paper-based operations.

This consolidation will likely provide greater operational synergies and strategic alignment, potentially impacting future financial performance positively by integrating RWPL more fully into JK Paper's ecosystem.