About JK Paper Limited

JK Paper Limited, incorporated in 1960, is a leading Indian manufacturer of paper and packaging boards with operations anchored at Central Pulp Mills, Fort Songadh, Gujarat, and an administrative office in New Delhi as of March 31, 2025. The Company manufactures and sells copier, bond, security paper, coated paper, Maplitho, and packaging boards, with paper and board accounting for 99.4% of turnover in FY 2024–25 on a standalone basis. It operates three plants and four offices in India, serving 29 States/UTs domestically and exporting to 52 countries, with exports contributing 6.8% of standalone turnover in FY 2024–25. Key customer sectors include publishers, printers, offices, institutions, FMCG, pharma, electronics, food and beverages, and quick service outlets for packaging board and cup stock. The Company had 11 subsidiaries at year end, including The Sirpur Paper Mills Ltd., JKPL Packaging Products Ltd., Horizon Packs Pvt. Ltd., Securipax Packaging Pvt. Ltd., JK Paper International (Singapore) Pte. Ltd., and others; Horizon Packs and Securipax became wholly-owned after acquiring the remaining 15% on May 17, 2024. Major milestones in FY 2024–25 included leadership transition with Harsh Pati Singhania becoming Chairman and Managing Director from April 1, 2024, approval of a Composite Scheme of Arrangement among six group entities, acquisition of 60% of Radhesham Wellpack Private Limited on February 3, 2025 to scale packaging conversion, and acquisition of 62.14% of Quadragen Vethealth Private Limited on March 25, 2025 to diversify into animal nutrition products.

JK Paper Limited Business Segment

• Paper and packaging boards constituted 99.4% of standalone turnover in FY 2024–25, covering copier, bond, security paper, coated paper, Maplitho, and packaging boards.

Domestic vs. International (Standalone FY 2024–25)

• India — 93.2%

• International — 6.8%
  Note: Absolute revenue figures are not disclosed in the cited section; only percentage of exports to total turnover is provided.

JK Paper Limited Key Management

• Harsh Pati Singhania — Chairman and Managing Director (effective April 1, 2024)

• A. S. Mehta — President & Director (liable to retire by rotation; re-appointment terms per 63rd AGM)

• Pradeep Joshi — Company Secretary & Compliance Officer

• Anoop Seth — Independent Director (proposed for re-appointment for a second five-year term from September 27, 2025)

Latest Updates on JK Paper Limited

• Leadership change: Harsh Pati Singhania became Chairman and Managing Director from April 1, 2024; Bharat Hari Singhania designated Chairman Emeritus and Strategic Advisor from April 1, 2024.

• Packaging consolidation: Acquisition of remaining 15% each in Horizon Packs Pvt. Ltd. and Securipax Packaging Pvt. Ltd. on May 17, 2024, making them wholly-owned subsidiaries.

• Group restructuring: Board approved a Composite Scheme of Arrangement among six companies, including demerger of one subsidiary and merger of the demerged subsidiary with three other subsidiaries into JK Paper, subject to approvals.

• Packaging conversion expansion: Acquired 60% equity in Radhesham Wellpack Private Limited on February 3, 2025; it became a subsidiary the same day.

• Diversification: Acquired 62.14% equity in Quadragen Vethealth Private Limited on March 25, 2025 to enter animal nutrition products; it became a subsidiary the same day.

• Governance proposals: AGM Notice dated July 29, 2025 includes proposals to increase borrowing limits to Rs 5,000 crore and to create charges up to Rs 5,000 crore; also appointment of Secretarial Auditor for FY 2025–26 to FY 2029–30 and ratification of Cost Auditor remuneration for FY 2025–26.

Market footprint: Exports accounted for 6.8% of standalone turnover in FY 2024–25; markets served in 52 countries and 29 domestic States/UTs.