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Jai Corp to invest up to Rs 40 crore in wholly-owned Indian subsidiary companies

06 Feb 2019 Evaluate

Jai Corp has received an approval for further investments up to Rs 40.00 crore in suitable securities of wholly-owned Indian subsidiary companies as per the requirement of funds of those companies. The Board of the company at its meeting held on February 05, 2019, approved the same.

Jai Corp has traditionally been into manufacturing businesses like steel, plastic processing and spinning yarn.

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