JNK India Secures Ultra-Mega Order Exceeding ₹1,000 Crores from Korean Affiliate

1 min read     Updated on 06 Oct 2025, 02:01 PM
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Overview

JNK India Limited has secured an ultra-mega order worth over ₹1,000 crores from its Korean affiliate, JNK Global Co., Ltd. The order involves support services and supplies for a Cracker Furnace Package in a refinery project in India, with a delivery schedule set for February 2, 2028. This order significantly boosts JNK India's order book, considering its current market capitalization of ₹1,700 crores. The transaction, while classified as a related party transaction, is conducted at arm's length.

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JNK India Limited , a company with a market capitalization of ₹1,700 crores, has announced a significant milestone in its business operations. The company has secured an ultra-mega order worth over ₹1,000 crores from its Korean affiliate, JNK Global Co., Ltd.

Order Details

Aspect Details
Order Type Ultra-mega
Value Exceeding ₹1,000 crores
Awarding Entity JNK Global Co., Ltd., Korea
Nature of Order Support services and supplies for Cracker Furnace Package
Project Location Refinery project in India
Project Delivery Schedule February 2, 2028

Key Points

  • JNK Global Co., Ltd. is one of the promoters of JNK India Limited.
  • The order falls under related party transactions but is conducted at arm's length.
  • This order significantly boosts JNK India's order book, considering its current market capitalization of ₹1,700 crores.

Project Classification

JNK India classifies its projects based on value. The classification for this order is as follows:

Classification Value Range (in ₹ Crores)
Significant 0 - 100
Large 100 - 300
Major 300 - 600
Mega 600 - 1,000
Ultra-mega > 1,000

This order, being classified as 'Ultra-mega', underscores its substantial value and potential impact on JNK India's business prospects.

Implications

The securing of this ultra-mega order is a notable achievement for JNK India, potentially signaling strong growth prospects for the company. It demonstrates the company's capability to handle large-scale projects in the refinery sector and its strong relationship with its international affiliate.

Investors and market watchers will likely keep a close eye on how this significant order affects JNK India's financial performance and market position in the coming quarters.

Historical Stock Returns for JNK India

1 Day5 Days1 Month6 Months1 Year5 Years
+9.99%+10.03%+5.24%-6.45%-51.57%-56.03%
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JNK India Limited Establishes Joint Venture: JNK Chemdist Technologies

1 min read     Updated on 25 Aug 2025, 07:20 PM
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Overview

JNK India has incorporated a new joint venture company, JNK Chemdist Technologies Private Limited, on August 20, 2025. The Certificate of Incorporation was received on August 23, 2025. This follows a prior disclosure made on July 31, 2025. The move is part of JNK India's business expansion strategy, potentially strengthening its position in the chemical distribution sector. The company has complied with regulatory requirements by disclosing this information under SEBI regulations.

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JNK India has successfully incorporated a new joint venture company, marking a significant step in its business expansion strategy. The company announced the formation of JNK Chemdist Technologies Private Limited, a move that could potentially strengthen its position in the chemical distribution sector.

Key Developments

  • Incorporation Date: JNK Chemdist Technologies Private Limited was incorporated on August 20, 2025.
  • Official Recognition: The joint venture received its Certificate of Incorporation from the Registrar of Companies on August 23, 2025.
  • Prior Disclosure: This development follows an earlier intimation by JNK India dated July 31, 2025, which provided detailed disclosures about the joint venture formation.

Corporate Compliance

JNK India has adhered to regulatory requirements by disclosing this information under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's commitment to transparency is evident in its prompt communication with the stock exchanges.

Company Background

JNK India, formerly known as JNK India Private Limited, is headquartered in Thane, Maharashtra. The company's corporate identity number is L29268MH2010PLC204223, indicating its status as a listed public company incorporated in 2010.

Potential Implications

While specific details about the joint venture's operations and objectives were not provided in the immediate disclosure, the formation of JNK Chemdist Technologies Private Limited suggests that JNK India is exploring new avenues for growth and collaboration in the chemical distribution industry.

Investors and market analysts will likely be watching closely to see how this joint venture impacts JNK India's business operations and financial performance in the coming quarters. As more information becomes available, it will be easier to assess the potential long-term value this strategic move may bring to the company and its shareholders.

JNK India's proactive approach in forming this joint venture and its compliance with regulatory disclosures demonstrate the company's commitment to growth and good corporate governance practices.

Historical Stock Returns for JNK India

1 Day5 Days1 Month6 Months1 Year5 Years
+9.99%+10.03%+5.24%-6.45%-51.57%-56.03%
JNK India
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