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Jaykay Enterprises LtdImportant, 09-10-2025: Company Update

09-10-2025 | 10:41 pm

Jaykay Enterprises Limited has acquired an additional 36 lakh preference shares, each valued at Rs. 100, in its wholly-owned subsidiary, JK Defence & Aerospace Limited. The cash acquisition totals Rs. 36 Cr. This investment aims to utilize proceeds from JKE's recent Rights Issue, which JK Defence will deploy as per its updated business objectives. The subsidiary operates in the Defence and Aerospace industry. JKE's ownership in JK Defence remains at 100% post-acquisition, reinforcing its strategic growth in this key sector.

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