Jaykay Enterprises grants Rs 25 crore loan to JK Digital

Jaykay Enterprises Limited has executed a loan agreement with its wholly owned subsidiary, JK Digital & Advance Systems Private Limited, to grant a loan of up to Rs. 25,00,00,000. The unsecured inter-corporate deposit carries an interest rate of 10% per annum and a tenure of three years. The funds will be disbursed in one or more tranches to support the subsidiary's operations.

The loan agreement was signed on May 26, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. JK Digital is a wholly owned subsidiary of Jaykay Enterprises Limited , and the transaction has been conducted on an arm's length basis. There is no outstanding loan amount between the parties prior to this agreement.

The loan is unsecured, and the repayment will be made in accordance with terms mutually agreed upon by both parties. The disclosure was made by Shikha Rastogi, Company Secretary & Compliance Officer of Jaykay Enterprises Limited. The relevant details have been submitted to BSE Limited and the National Stock Exchange of India Ltd.

Key Details of the Loan Agreement

Particulars	Description
Lender	Jaykay Enterprises Limited
Borrower	JK Digital & Advance Systems Private Limited
Nature of Loan	Inter-Corporate Deposit
Amount of Loan	Up to Rs. 25,00,00,000 (Rupees Twenty Five Crores Only)
Interest Rate	10% p.a.
Tenure	3 (Three) years
Security Provided	NA (Unsecured Loan)
Date of Execution	May 26, 2026

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-19.17%	+9.10%	+1.53%	-18.31%	-18.31%	-18.31%

Jaykay Enterprises Limited has secured shareholder approval for 13 material related party transactions covering the financial year 2026-27. The resolutions were passed via remote e-voting, with the requisite majority required under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The postal ballot process sought approval for transactions involving several group entities, including JK Phillips LLP, Allen Reinforced Plastics Limited, Neumesh Labs Private Limited, JK Technosoft Limited, and JK Tech US Inc. The voting period opened on April 24, 2026, and concluded on May 23, 2026.

Voting Results

A total of 86,675 shareholders were eligible to participate as on the record date of April 17, 2026. The scrutinizer’s report confirmed that all 13 resolutions received the necessary support from shareholders.

The table below summarizes the voting outcomes for the key resolutions:

Resolution	Valid Votes Cast	Votes Favour	Votes Against	% Favour
Transaction with JK Phillips LLP	5,707,859	5,699,130	8,729	99.85%
Transaction with Allen Reinforced Plastics Limited	5,707,659	5,698,951	8,708	99.85%
Transaction with Neumesh Labs Private Limited	5,707,659	5,698,930	8,729	99.85%
Transaction between Allen Reinforced Plastics Limited and JK Phillips LLP	5,707,659	5,698,951	8,708	99.85%
Transaction between JK Technosoft Limited and JK Tech US Inc	5,707,659	5,698,863	8,796	99.85%

Procedural Details

Varuna Mittal, Proprietor of M/s. Varuna Mittal & Associates, Company Secretaries, served as the scrutinizer for the e-voting process. The company dispatched the postal ballot notices via email on April 23, 2026, in compliance with Ministry of Corporate Affairs circulars, and did not dispatch physical ballots.

Newspaper advertisements regarding the notice were published in the English edition of Business Standard and the Kanpur edition of Aaj on April 24, 2026. The results were declared on May 25, 2026.