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Jaykay Enterprises LtdImportant, 02-01-2026: Company Update

02-01-2026 | 05:25 pm

Jaykay Enterprises has issued a Corporate Guarantee of up to Rs. 40 Cr to Axis Bank to secure credit facilities for JK Phillips LLP. This 50:50 Joint Venture, partly owned by Jaykay, now has enhanced access to financing for its operations. This guarantee creates a contingent liability for Jaykay Enterprises, meaning the company could become responsible for the debt if the JV defaults.

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