India Digest: NCLT clears JK Paper-Sirpur deal; Aakash files for IPO; Woodenstreet raises funding

India Digest: NCLT clears JK Paper-Sirpur deal; Aakash files for IPO; Woodenstreet raises funding

Photo: Reuters

JK Paper on Thursday announced that the National Company Law Tribunal (NCLT) has approved its proposal to acquire The Sirpur Paper Mills Ltd (SPML), while competitive examination preparation company Aakash Educational Services has filed draft papers for IPO. Separately, online furniture seller Woodenstreet has raised $1 million in a Series A funding round led by Rajasthan Venture Capital Funds.

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