Allen Reinforced Plastics Secures Rs. 110.35 Crore Letters of Intent from Defense Firms
Allen Reinforced Plastics Limited, a step-down subsidiary of Jaykay Enterprises Limited, has received Letters of Intent (LOIs) from two defense companies. BrahMos Aerospace Private Limited issued an LOI for Rs. 94.45 crores for composite parts manufacturing, while Bharat Dynamics Limited provided an LOI for Rs. 15.90 crores for composite air frames and launcher tubes. The total value of the LOIs is Rs. 110.35 crores, including GST. These potential contracts are expected to strengthen Allen's project pipeline and future revenues once converted into definitive orders. The projects align with India's push for self-reliance in defense manufacturing.
Jaykay Enterprises Limited (JKE) reported a consolidated profit after tax of Rs. 2,020.03 crore in Q1, a significant improvement from the previous quarter's loss. Total revenue increased to Rs. 7,742.11 crore. The Digital Manufacturing and Advance Systems segment was the top revenue generator. JKE's subsidiary, Allen Reinforced Plastics Limited, secured potential orders worth Rs. 110.35 crore from BrahMos Aerospace and Bharat Dynamics Limited. The company also provided an update on the utilization of funds raised through its rights issue, with Rs. 9,965.68 lakh utilized out of Rs. 14,614.95 lakh raised.
08Aug 25
Jaykay Enterprises Reports Robust Q1 Growth with Net Profit Soaring to 202 Crore Rupees
Jaykay Enterprises Limited announced impressive Q1 financial results. Consolidated net profit soared 339% to ₹202.00 crore, up from ₹46.00 crore year-over-year. Revenue jumped 228% to ₹774.00 crore from ₹236.00 crore. The Digital Manufacturing and Advance Systems segment was the top revenue generator with ₹4,812.90 crore. Defence & Aerospace Division contributed ₹732.44 crore. The company also reported ₹183.99 crore in income from share sales and ₹35.68 crore in other income. Despite revenue growth, expenses were managed efficiently with employee benefits at ₹335.78 crore, finance costs at ₹12.85 crore, and depreciation at ₹39.27 crore. The company maintains a strong financial position with a paid-up equity share capital of ₹122.37 crore.
31Jul 25
Jaykay Enterprises: Abhishek Singhania Group Boosts Stake to 65.13% Through Preferential Allotment
Jaykay Enterprises Limited has undergone a significant shareholding change following a preferential allotment. The Abhishek Singhania group and associated parties increased their stake from 62.89% to 65.13% of total voting capital. Abhishek Singhania personally acquired 78,79,646 shares, while Varsha Singhania acquired 14,183 shares. The allotment, approved on July 28, 2025, involved 79,17,936 equity shares with a face value of Re. 1 each. This transaction expanded the company's equity share capital from Rs. 12.24 crore to Rs. 13.03 crore, with total equity shares increasing from 12,23,69,130 to 13,02,87,066.
19May 25
JAYKAY ENTERPRISES Invests ₹13 Crore in JK DEFENCE Preference Shares
JAYKAY ENTERPRISES has acquired a significant stake in JK DEFENCE by purchasing 13,00,000 preference shares for ₹13.00 crore, at ₹100.00 per share. This strategic move marks JAYKAY ENTERPRISES' entry into the defense sector, potentially signaling a diversification strategy or strengthening its position in defense-related businesses. The investment could offer JAYKAY ENTERPRISES priority in dividend payments and potential fixed returns.
09May 25
Jaykay Enterprises' Subsidiary JK Digital Partners with AIIMS for Neurosurgical Innovation
Jaykay Enterprises' subsidiary, JK Digital, has formed a partnership with AIIMS to develop advanced neurosurgical instruments. This collaboration combines JK Digital's technological expertise with AIIMS' medical knowledge to create innovative tools for neurosurgery. The partnership aims to improve surgical outcomes and boost India's position in global medical technology. While specific details about the instruments are not disclosed, this move signifies Jaykay Enterprises' diversification into high-impact sectors.
24Apr 25
JK Defence Secures Final Land Allotment for Defence Production in Lucknow
Jaykay Enterprises' subsidiary, JK Defence & Aerospace Limited, received final allotment for 4.9 hectares of industrial land from UPEIDA in Lucknow. The land is designated for establishing a Defense Production Industry under the Defence Industrial Corridor Project. This follows a provisional allotment on January 17, 2025, with the final letter received on April 24, 2025.
15Apr 25
JAYKAY ENTERPRISES Approves Strategic Share Issuance, Strengthens Promoter Stake and Forms Partnership with Inveniam
JAYKAY ENTERPRISES Limited has approved the issuance of 79,19,683 equity shares at 142 rupees per share, totaling 112.46 crore rupees. The majority of shares are allocated to the promoter group, with Mr. Abhishek Singhania receiving 78,81,385 shares. The transaction is structured as a share swap. Additionally, JK Tech, a subsidiary, has partnered with Inveniam to innovate in the alternative investments sector using blockchain and AI technologies.
15Apr 25
JK Tech and Inveniam Join Forces to Revolutionize Alternative Investments
JK Tech, a subsidiary of Jaykay Enterprises, has formed a strategic partnership with Inveniam to transform the alternative investments sector using blockchain and AI technologies. The collaboration, announced on April 15, 2025, will integrate JK Tech's Generative AI solution, JIVA, into Inveniam's next-generation platform. This partnership aims to enhance transparency, efficiency, and accessibility in private market investments through improved data integrity, security, and AI-driven analytics. The initiative is expected to expand across key markets in the US, Abu Dhabi, and India, potentially reshaping the landscape of alternative investments.
11Apr 25
JAYKAY ENTERPRISES Expands IT Portfolio with Strategic Acquisition of JK TECHNOSOFT Shares
JAYKAY ENTERPRISES Limited (JKE) has approved the acquisition of 1,24,07,276 partly paid-up equity shares of JK TECHNOSOFT Limited (JKTL), increasing its stake from 97.48% to 99.07%. The acquisition, valued at Rs. 112.46 crore, will be executed through a share swap. JKE will issue fully paid-up equity shares of Re. 1 face value each to JKTL's existing shareholders. The acquisition price is set at Rs. 163.00 per fully paid-up share of JKTL. JKE also approved a preferential issue of equity shares for the share swap and introduced the 'JKE Employee Stock Option Scheme 2025'.
06Mar 25
JK Defence Secures 5 Acres in Karnataka for Precision Manufacturing Expansion
Jaykay Enterprises' subsidiary, JK Defence & Aerospace, has taken possession of 5 acres of land from KIADB in Devanahalli, Bangalore. The land will be used to establish a manufacturing unit for precision components and equipment for defense and aerospace industries. This acquisition aligns with the company's approved investment proposal and expansion strategy in the sector.
05Mar 25
JK Defence Secures 5 Acres of Land in Karnataka for Expansion
JK Defence & Aerospace Limited, a subsidiary of Jaykay Enterprises, has acquired 5 acres of land in Devanahalli General Industrial Area, Karnataka. The company plans to establish a manufacturing unit for precision turned components, engineering goods, and assembly of defence and aerospace equipment. This acquisition, completed on March 5, 2025, follows approvals from the Karnataka government and aligns with the company's strategy to strengthen its position in the defence and aerospace sectors.