Jai Corp Limited Appoints New Independent Director and Declares Dividends Jul 26, 2025
More news about Jai Corp
26Jul 25
Jai Corp Limited Announces Special Interim Dividend, Appoints New Independent Director
Jai Corp Limited declared a special interim dividend of Rs. 5.00 per share for FY 2025-26 and recommended a final dividend of Re. 0.50 per share for FY 2024-25. The company appointed Mr. Amit K. Mundra as an additional non-executive independent director for a five-year term. Mr. Anand Jain's re-appointment as Chairman was recommended. The company also acknowledged a fine imposed by BSE Limited.
Jai Corp's Q4 financial results show a 9.80% year-over-year revenue increase to ₹1.35 billion. However, EBITDA declined to ₹102.00 million from ₹170.60 million, with EBITDA margin contracting from 13.90% to 7.55%. Net profit remained relatively stable at ₹233.00 million, down 0.51% year-over-year but up 87.90% sequentially. The results indicate revenue growth amid operational challenges.
21Apr 25
Jai Corp Bolsters Cash Reserves with Rs. 362.72 Crore Inflow from Urban Infrastructure
Jai Corp Limited has received Rs. 362.72 crore from Urban Infrastructure Pvt Ltd (UIHPL) due to UIHPL's capital reduction. This amount, net of tax, significantly enhances Jai Corp's liquidity, potentially doubling its current assets which stood at Rs. 304.10 crore in FY 2024. The influx is expected to strengthen Jai Corp's balance sheet, increase cash reserves, and provide financial flexibility for future investments or operations.
18Apr 25
Jai Corp Receives Rs. 362.72 Crore from Urban Infrastructure Pvt Ltd's Capital Reduction
Jai Corp Limited has received Rs. 362.72 crore from Urban Infrastructure Private Limited (UIHPL) as part of UIHPL's capital reduction process. This payment stems from a series of corporate actions, including the sale of a subsidiary's stake and subsequent capital reductions. Jai Corp, owning a 32% stake in UIHPL, benefits from this transaction, which closely aligns with their expected amount of Rs. 364.00 crore. The company has informed stock exchanges of this development in compliance with SEBI regulations.