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JK Paper Ltd. — M&A Activity 2021
Jul 1, 2021
62239_rns_2021-07-01_2c6f2995-3f14-4fee-af43-354b961d2366.pdf
M&A Activity
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| Annexure-A | Annexure-A | Annexure-A | Annexure-A | Annexure-A | Annexure-A | Annexure-A | |
|---|---|---|---|---|---|---|---|
| Sr.NoParticularsDetailsaName of the targetentity,detailsinbrief such as size, turnoveretc.JKPLPackagingProductsLimitedisincorporatedon 1'tJuly2021aswhollyownedsubsidiary companyofJKPaperLimitedhaving:i)Authorised Share Capital:Rs.5,00,000/-(Rupees Fivelakh).ii)Paid-Up ShareCapital:Rs.5,00,000/-(Rupees Fivelakh).iii)Turnover:Nil. (yettocommencebusiness operations)bWhether the acquisition would fallwithinrelated party transaction(s) and whetherthepromoter/promotergroup/groupcompanies haveanyinterest intheentitybeingacquired? lf yes,natureofinterestanddetails thereofandwhetherthe i"lth"Notapplicable | |||||||
| samesdone at arclndustry to which thacquired belongs | s-engeentitybein | gPack | aging products | ||||
| dObjectsandeff(including butnotlireasonsfor acquisiitsbusinessisoutbusinessofthe Com | ectsofamitedto, distionoftargesidethemapany) | cquisitionclosure oft entity, ifin lineofManprodu | ufacturing/trcts and other | adingofpallied activities. | ackaging | ||
| f | eBriefdetailsofaregulatory approvacquisitionlndicative time periothe acquisition | nygovernalsrequiredd for comple | mental or for theNotAtionofNotA | pplicablepplicable | |||
| gNatureofconsideration-whethercashconsideration or share swap and detailsofthesameCashhCost of acquisition ortheprice at whichthe shares are acquiredRs. 5,00,000/ - (50,000 Equity Sharesofface value Rs.10/-each)Percentageofshareholding/controlacquired and/ornumber of sharesacquired100%Briefbackgroundabouttheentityacquiredintermsofproducts/lineofbusiness acquired,dateofincorporation,historyoflast3years' turnover,countryinwhichtheacquiredentityhaspresenceand anyothersignificantinformation (in brief)JKPLPackaging ProductsLimitedisincorporatedinlndia andisregisteredwiththeRegistrarofCompanies,Delhion1'tJuly2021andisyettocommenceitsoperations. |
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