Jaykay Enterprises has informed that JK Digital & Advanced Systems (JK Digital), a WoS of Jaykay Enterprises has executed a tripartite Manufacturing Agreement with Meril Innovations, Gujarat [Meril Lifesciences] [https://www.merillife.com], a leading MedTech Solutions Company, for production of Medical Devices/Implants through 3D Printing along with its technology Partner EOS Electro Optical Systems India, Chennai a WoS of EOS GmBH of Germany [https://www.eos.info] [EOS]. The Agreement provides for JK Digital to Install, Operate specified 3D Printers assisted by EOS, its technology Partner for manufacturing of Orthopedic Implants at Meril LifeSciences premises in Gujarat. The Agreement will be initially for 15 years, mutually extendable by parties. The initial annual revenues are likely to be Rs 12-18 crores per year. The details as required under the SEBI Listing Regulations is enclosed as Annexure A. This disclosure will also be hosted on the Company's website viz. www.jaykayenterprises.com. The Final executed copy of the agreement was received on January 19, 2024 at 3:00 pm.
The above information is a part of company’s filings submitted to BSE.
