Jaykay Enterprises Launches Rights Issue of ₹1,542.87 Cr

Jaykay Enterprises Ltd announced a Rights Issue of up to 2,05,71,642 partly paid-up equity shares, each with a face value of Re. 1, at an issue price of Rs. 75 per share. The total issue size aggregates up to Rs. 15,428.73 Lakh (approximately ₹154.29 crore). The issue is offered on a rights basis to eligible shareholders in the ratio of 3 rights equity shares for every 19 fully paid-up equity shares held as of the record date, August 28, 2026. The payment for these shares will be in two tranches: Rs. 37.50 on application and the remaining Rs. 37.50 in subsequent calls. The company has a history dating back to 1943, with several name changes.