Jaykay Enterprises Ltd — Important, 05-05-2026: Company Update

Jaykay Enterprises has executed a loan agreement to provide financial assistance of up to 10 Cr to JK Phillips LLP, its 50:50 joint venture. This inter-corporate deposit is unsecured and will accrue interest at 10% per annum, with repayment terms to be mutually decided. This move reinforces Jaykay's commitment to its joint venture, formed with Phillips Machine Tools India, bolstering the JV's operational capabilities. The joint venture currently has an existing outstanding loan of 4.70 Cr from Jaykay.