ALPHA TRIBE

Jaykay Enterprises LtdUpdates, 28-07-2025: Company Update

28-07-2025 | 05:32 pm

Jaykay Enterprises has allotted 79.18 lakh new equity shares at Rs. 142 each, totaling Rs. 112.43 crore. This preferential allotment is a share swap, serving as payment for the acquisition of 1.24 crore partly paid shares of JK Technosoft Limited. The move boosts Jaykay's stake in JK Technosoft without a cash outflow, indicating a strategic expansion. Post-allotment, the company's paid-up equity share capital has increased from Rs. 12.24 crore to Rs. 13.03 crore. The majority of shares were allotted to promoters.

No comments yet. Be the first to comment!

All announcements from Jaykay Enterprises Ltd