JV/AcquisitionAcquisition
Jaykay Enterprises Limited has acquired additional preference shares in its wholly-owned subsidiary, JK Digital & Advance Systems Private Limited, for Rs. 1.5 Cr.
Jaykay Enterprises LimitedJAYKAY · Filed with the exchange
This move strengthens JKE's investment in its digital and IT services arm, JK Digital.
The acquisition is funded through Rights Issue proceeds and aims to support JK Digital's growth and business objectives in 3D printing and advanced systems.
This transaction maintains JKE's 100% ownership.
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