Jaykay Enterprises Rights Issue: Listing Underway, Promoters Increase Stake

Jaykay Enterprises Limited has provided an update on its ongoing Rights Issue of partly paid-up equity shares. The company confirmed that the listing and trading of these shares are currently in process. Notably, while some members of the Promoter Group did not subscribe to their full entitlements or renounce them, the Promoter and other group members collectively subscribed to an additional 19,45,194 Rights Equity Shares beyond their initial allocations. This indicates continued confidence and increased investment from the core ownership in the company's future.