JK Paper to acquire 72% stake in Borkar Packaging for Rs 235 crore

JK Paper agreed to acquire a 72% controlling stake in Goa-based folding carton maker Borkar Packaging for about Rs 235 crore ($27 million) in cash, with the remaining 28% to follow over four years.

“The paper manufacturer said it will acquire a 72% stake in Goa-headquartered Borkar Packaging for about Rs 235 crore ($27 million) in cash consideration.”vccircle.com

• 1 source
• vccircle.comJK Paper to acquire majority stake in Borkar Packaging, expands folding carton footprintJul 28, 2025

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