JK Paper, a leading paper manufacturer in India, announced that the company has acquired all the remaining 16,865 fully paid equity shares of Rs 10 each (1.03%) of JK Enviro-Tech (JKETL), the subsidiary of the company and consequently, JKETL has now become a wholly owned subsidiary of the company.

Total volume of shares traded on the bourses today was lower by 36.40% to 660,800 compared with 22-day average volume of 1,039,038.

Shares of the company gained Rs 4.35, or 5.67%, to trade at  Rs 81.05.  The total volume of shares traded  was  143,835 at the BSE (9.40 a.m., Monday).