ALPHA TRIBE

Jay Kailash Namkeen LtdImportant, 02-09-2025: Company Update

02-09-2025 | 09:25 pm

Jay Kailash Namkeen's Board has approved its annual accounts for the financial year ended March 31, 2025. A key strategic move includes increasing the Authorized Share Capital from Rs. 5 Crore to Rs. 12.5 Crore. The company will also sell its existing factory and lease a new manufacturing unit, signaling a significant operational restructuring. Furthermore, CEO Rituraj Singh Solanki has resigned, leading to a leadership change. The board also oversaw the re-appointment of directors and statutory and secretarial auditors, along with new director appointments. These decisions will be presented at the upcoming Annual General Meeting.

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