Jaykay Enterprises Limited (JAYKAY) — Announcement

· NSE Neutral
📢 Key Event
Company signs Rs. 10 crore loan agreement with JK Phillips LLP
🔄 What Changed
New loan agreement disclosed; prior inter-corporate deposits of Rs. 4.7 crores remain outstanding
💡 Investor Takeaway
The loan expands the company's inter-corporate deposit exposure but does not alter its capital structure or dividend outlook.

Jaykay Enterprises Limited announced on May 5, 2026 that it entered a loan agreement with its 50:50 joint venture JK Phillips LLP for up to Rs. 10 crores to fund working capital needs. The unsecured inter-corporate deposit carries a 10% annual interest rate and is repayable as mutually decided. The company currently has Rs. 4.7 crores outstanding in similar inter-corporate deposits, and the transaction is disclosed as arm's length and unrelated to promoter activities.

📄 View Original Announcement (PDF)

About Jaykay Enterprises Limited (JAYKAY)

Capital Goods · Aerospace & Defense · Listed on NSE

Market Cap: ₹2,061.4 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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