Jay Kailash Namkeen Board Defers Decision on Equity Fund-Raising Options

1 min read     Updated on 20 Feb 2026, 12:15 AM
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Reviewed by
Radhika SScanX News Team
Overview

Jay Kailash Namkeen Limited's board meeting on February 19, 2026, focused on evaluating various equity fund-raising options including rights issue, preferential issue, and private placement methods. After deliberation, the board decided to defer the decision for future consideration. The company will announce a revised meeting date while maintaining compliance with statutory requirements.

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*this image is generated using AI for illustrative purposes only.

Jay kailash namkeen Limited's board of directors held a meeting on February 19, 2026, to deliberate on various fund-raising strategies through equity shares. The board session, which lasted from 06:00 P.M. to 06:30 P.M. (IST), focused on evaluating multiple financing options available to the company.

Fund-Raising Options Evaluated

The board conducted a comprehensive review of several equity fund-raising mechanisms available under current regulatory framework. The evaluation encompassed various methods that could be implemented to raise capital for the company's future growth and operational requirements.

Fund-Raising Method: Details
Rights Issue: Evaluated as potential option
Preferential Issue: Considered for implementation
Private Placement: Assessed as viable alternative
Other Methods: Any permissible modes under applicable laws
Implementation: Flexible approach in one or more tranches
Approvals Required: Subject to statutory and regulatory clearances

Board Decision and Next Steps

After thorough deliberation and evaluation of the available options, the board reached a unanimous decision to defer the fund-raising initiative. The directors concluded that the matter requires further consideration and analysis before proceeding with any specific fund-raising method.

The company has committed to maintaining transparency with stakeholders by announcing a revised meeting date when the board reconvenes to address this matter. This approach ensures compliance with applicable statutory requirements while allowing adequate time for comprehensive evaluation.

Meeting Details and Compliance

The board meeting was conducted in continuation of the earlier intimation dated February 16, 2026, demonstrating the company's adherence to regulatory disclosure norms. The session was presided over by Managing Director Neel Pujara (DIN: 09221477), who signed the official communication to BSE Limited regarding the meeting outcomes.

The company operates from its registered office in Rajkot, Gujarat, and maintains its manufacturing facility at Magharvada. Jay Kailash Namkeen Limited trades on BSE under scrip code 544160 and continues to fulfill its listing obligations through timely disclosures to the exchange.

Historical Stock Returns for Jay Kailash Namkeen

1 Day5 Days1 Month6 Months1 Year5 Years
+4.19%+8.03%+3.65%-58.54%-65.92%-75.36%

Jay Kailash Namkeen Receives ROC Approval for Name Change to Jay Bhavani

1 min read     Updated on 01 Jan 2026, 11:57 AM
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Reviewed by
Suketu GScanX News Team
Overview

Jay Kailash Namkeen Limited has successfully obtained approval from the Registrar of Companies, Gujarat to change its name to Jay Bhavani Namkeen Limited, marking a significant milestone in its corporate restructuring process. The approval follows the board's initial decision made during a meeting on January 01, 2026, and the final name change is now subject to shareholder approval.

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*this image is generated using AI for illustrative purposes only.

Jay Kailash Namkeen Limited has achieved a significant milestone in its corporate restructuring process, receiving approval from the Registrar of Companies, Gujarat for its proposed name change. The company announced that it has obtained the name approval letter to change from Jay Kailash Namkeen Limited to Jay Bhavani Namkeen Limited, subject to shareholder approval.

Board Meeting and Initial Approval

The corporate transformation process began with a board meeting held on January 01, 2026, at the company's registered office in Rajkot, Gujarat. The board meeting was conducted with proper regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Parameter: Details
Date: January 01, 2026
Venue: Registered Office, Rajkot
Start Time: 11:00 A.M. (IST)
End Time: 11:30 A.M. (IST)
Duration: 30 minutes

ROC Approval Received

Following the board's initial approval, the company has now secured the crucial regulatory clearance from the Registrar of Companies, Gujarat. The approval was communicated to BSE Limited on January 05, 2026, through a formal disclosure under Regulation 30 of the SEBI Listing Regulations.

Name Change Details: Information
Current Name: Jay Kailash Namkeen Limited
Approved New Name: Jay Bhavani Namkeen Limited
Approval Authority: Registrar of Companies, Gujarat
Next Step: Shareholder approval required
BSE Scrip Code: 544160
CIN: U15549GJ2021PLC123708

Company Operations and Locations

Jay Kailash Namkeen Limited operates from its registered office located at Plot No. 06, Ground Floor, Vivekanand Main Road, opposite RMC Garden, Rajkot – 360001, Gujarat. The company's manufacturing facility is situated at Survey No. 168/5, Kuvadava Road, Magharvada, Rajkot – 360023, Gujarat.

Next Steps and Compliance

The disclosure was signed by Neel Pujara, Chairman cum Managing Director (DIN: 09221477), and submitted to BSE Limited for record and updates. While the ROC approval represents a significant step forward, the name change is still subject to approval from the company's members.

The company continues to operate under its current name until all necessary approvals are obtained and the name change process is fully completed. This development demonstrates the company's commitment to regulatory compliance and transparent communication with stakeholders throughout the corporate restructuring process.

Historical Stock Returns for Jay Kailash Namkeen

1 Day5 Days1 Month6 Months1 Year5 Years
+4.19%+8.03%+3.65%-58.54%-65.92%-75.36%

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1 Year Returns:-65.92%