Jaykay Enterprises (JKE) has acquired additional 15,00,000 Preference Shares of the face value of Rs 100 each for an amount aggregating to Rs 15 crore in JK Digital & Advance Systems, wholly owned subsidiary of JKE, pursuant to the Rights Issue.
The aforesaid acquisition is completed on May 13, 2025. The consideration for acquisition of the additional preference shares 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.
