Jaykay Enterprises has acquired additional 1,00,00,000 equity shares of Rs 10 each and 5,00,000 Preference Shares of Rs 100 each for an amount aggregating to Rs 15 crore in JK Digital & Advance Systems, wholly owned subsidiary company on October 14, 2024, offered via Rights Issue. The consideration for acquisition of the additional stake in JK Digital has been paid in the form of cash.
Jaykay Enterprises manufactures synthetic yarns, fibres and fabrics, portland and white cement, chemicals, fertilisers, pharmaceuticals and synthetic fibre-making machinery, and chemicals, and develops renewable energy sources.
