What to watch. Focus on JK Paper as it acquires Sirpur Paper

Shares of JK Paper will remain in focus, following the company acquiring Sirpur Paper Mills (SPML). The company, along with its subsidiary JK Enviro-tech, paid ₹371 crore towards corporate insolvency resolution process cost, financial creditors, admitted operational creditors, workmen and employee dues, etc., as per the Resolution Plan. SPML was admitted under the Corporate lnsolvency Resolution Process on September 18, 2017. SPML shares are suspended on the BSE.