Jaykay Enterprises Plans Rights Issue Up To ₹155 Crore

Jaykay Enterprises Limited announced its Board of Directors has approved a Rights Issue to raise up to ₹155 Crore by issuing partly paid-up equity shares to eligible shareholders. The issue is subject to necessary approvals and compliance with relevant regulations. The company, formerly J.K. Investment Trust Limited and J.K. Synthetics Limited, has a long history dating back to 1943. The Draft Letter of Offer details the terms, including the issue price and payment schedule, though specific figures for shares and price are yet to be disclosed. Investors are advised to review the risk factors before making investment decisions.