Loan & Debt26 May 2026, 05:22 pm
Jaykay Enterprises: ₹25 Cr Loan to JK Digital
AI Summary
Jaykay Enterprises Ltd has executed a Loan Agreement on May 26, 2026, to grant a loan of up to ₹25,00,00,000 to its wholly-owned subsidiary, JK Digital & Advance Systems Private Limited, in one or more tranches. The loan carries an interest rate of 10% p.a. and has a tenure of 3 years. The transaction is at arm’s length.
Key Highlights
- Jaykay Enterprises provides a loan of up to ₹25 Cr to JK Digital.
- The loan agreement was executed on May 26, 2026.
- The loan carries an interest rate of 10% p.a. with a 3-year tenure.
- JK Digital is a wholly-owned subsidiary of Jaykay Enterprises.
- The loan is unsecured and considered an Inter-Corporate Deposit.
Price Impact
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