Jaykay Enterprises' Rights Issue Committee has finalized terms for its capital raise.

The company will issue 2,05,71,642 partly paid-up Equity Shares at Rs. 75 each, with Rs. 37.50 payable upfront.

The total issue aims to raise up to Rs. 154.29 Cr.

Shareholders will be entitled to 3 new shares for every 19 held.

The Record Date for eligibility is August 28. The Rights Issue opens on September 07 and closes on September 18, providing a pathway for existing investors to increase their stake.