JK Paper approves allotment of equity shares post-restructuring
after close1 source ↓written by the desknot a recommendation
- fully paid-up equity
- 1,19,16,427
- share capital
- ₹16,94,02,344
- effective
- ₹18,13,18,771
- effective
- 20 Mar 2026
JK Paper Limited has approved the allotment of 1,19,16,427 fully paid-up equity shares to eligible shareholders of Enviro Tech Ventures Limited following its Composite Scheme of Arrangement. This increases the company's paid-up equity share capital from ₹16,94,02,344 to ₹18,13,18,771 effective 20 Mar 2026.
This allotment reflects the successful completion of multiple amalgamations and a demerger, enhancing JK Paper's capital structure and potentially boosting investor confidence.
Not investment advice. For informational purposes only.