03-Oct-2026 11:40:37

SHREENATHAcquisition and merger

SHREENATH PAPER PRODUCTS LIMITED: SHREENATH PAPER INDUSTRIES PRIVATE LIMITED ACQUIRES 75% STAKE IN SPIPL

• Shreenath Paper Industries Private Limited (SPIPL) has become a subsidiary of Shreenath Paper Products Limited. • The company's shareholding in SPIPL increased from 50% to 75% effective September 24, 2026. • SPIPL is engaged in manufacturing and sale of sublimation paper from its facility in Sarigam, Gujarat. • SPIPL commenced business operations prior to becoming a subsidiary. • Financial information of SPIPL will be consolidated from the date it became a subsidiary.

Shreenath Paper Products Ltd

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