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Jai Corp Ltd, incorporated in 1985, is engaged in the manufacturing businesses of Steel, Plastic Processing and Spinning yarn. It is also involved in Investment Advisory Services, Development of Land and Buildings.
Jai Corp announced a special window for shareholders to dematerialize old physical shares, including previously rejected transfers. Shares will be subject to a one-year lock-in post-transfer.
Jai Corp's plastic processing unit, previously disrupted, has now fully restarted. The company is assessing production loss and property damage. The financial impact of the operational stoppage remains unquantified at this time.
Jai Corp's plastic processing unit at Vasona, previously halted by flooding, has partially restarted operations. The company is currently assessing the extent of production loss and property damage, unable to quantify the financial impact yet.
Jai Corp's plastic unit in Silvassa stopped operations due to heavy rain and factory flooding. The company is assessing potential damage and production loss. They expect operations to normalize within days, contingent on improved weather. The unit is adequately insured.
Jai Corp announced a special window for investors to dematerialize physical shares acquired before Apr 1, 2019. The window closes Feb 4, 2027. Shares transferred will be in demat form with a one-year lock-in period. This provides a key opportunity for shareholders.