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Jaykay Enterprises has acquired additional 2,00,000 preference shares worth Rs. 2 Crore in its wholly-owned subsidiary, JK Defence & Aerospace Limited. This investment, made via a Rights Issue, utilizes proceeds from JKE's earlier Rights Issue. The funds will enable JK Defence, which operates in the Defence and Aerospace sector and is yet to commence operations, to pursue its stated objectives. JKE maintains its 100% ownership in JK Defence, reinforcing its strategic focus on this growing business vertical.