The initial acquisition of equity shares has been preponed to within 6 weeks from the previous timeline of 12 weeks. The completion of the deal remains subject to the fulfillment of conditions outlined in the Share Purchase Subscription and Shareholders Agreement (SPSSHA).
Oct 16, 2025
JK Paper Limited has announced an update to its acquisition timeline for Borkar Packaging Private Limited (BPPL). This development comes as part of the company’s ongoing strategic expansion efforts in the packaging sector.
The initial acquisition of equity shares has been preponed to within 6 weeks from the previous timeline of 12 weeks.
Watch: In Pursuit of Lesser Water Footprint
The acquisition involves purchasing equity shares from existing BPPL shareholders. The completion of the deal remains subject to the fulfillment of conditions outlined in the Share Purchase Subscription and Shareholders Agreement (SPSSHA).
This update follows an earlier intimation dated on July 28, 2025, indicating a change in the company’s acquisition strategy.
Also Read: GST Reforms May Trigger Surge in Paper Imports, Warns Industry
The revised timeline suggests an acceleration of the acquisition process. This update reflects JK Paper’s active management of its expansion plans and its ability to adapt to changing circumstances in the acquisition process.
