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Jaykay Enterprises informs about intimation of acquisition

10 Jul 2023 Evaluate

Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘Listing Regulations’), and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 (‘September 9 Circular’), Jaykay Enterprises has informed that the Company, through its wholly owned subsidiary JK Defence & Aerospace (‘JK Defence’) has acquired the 76.41% equity stake in Allen Reinforced Plastics (Allen). Accordingly, Allen Reinforced Plastics has become a subsidiary of JK Defence and a step-down subsidiary of the Company with effect from July 09, 2023. The details as per September 9 Circular are enclosed as Annexure-A. This disclosure will also be hosted on the Company's website: www.jaykayenterprises.com.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Hindustan Aeronaut. 4800.00
Bharat Electronics 393.00
Aequs 246.20
Astra Microwave Prod 1623.95
Axiscades Tech. 1893.25
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