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JK Paper Limited Announces Key Meetings for Amalgamation and Restructuring

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JK Paper Limited Announces Key Meetings for Amalgamation and Restructuring

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The latest update is out from JK Paper Limited ( (IN:JKPAPER) ).

JK Paper Limited has announced the convening of meetings for its equity shareholders, secured creditors, non-convertible debenture holders, and unsecured creditors as directed by the National Company Law Tribunal, Ahmedabad Bench. The meetings are part of a Composite Scheme of Arrangement involving the amalgamation of several companies with JK Paper Limited and the reorganization of reserves, which could impact the company’s operational structure and stakeholder interests.

More about JK Paper Limited

JK Paper Limited operates within the paper industry, focusing on the production of paper and packaging solutions. The company is involved in manufacturing a wide range of paper products and has a significant presence in the packaging sector, aiming to cater to diverse market needs.

Average Trading Volume: 67,901

Technical Sentiment Signal: Hold

Current Market Cap: 62.73B INR

For an in-depth examination of JKPAPER stock, go to TipRanks’ Overview page.

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