Joint Venture23 May 2025, 06:22 pm
Jaykay Enterprises' Subsidiary, JK Digital, Signs MoU with CSIR-CSIO for Metal Implant Development
AI Summary
Jaykay Enterprises Ltd. announced that its wholly owned subsidiary, JK Digital & Advance Systems Private Limited, has executed a Memorandum of Understanding (MoU) with the Central Scientific Instruments Organisation, Chandigarh (CSIR-CSIO) through the Council of Scientific & Industrial Research. The MoU aims to collaborate on the research and development of metal implants using additive manufacturing technology. The agreement also covers the development of parameters for metal additive manufacturing machines to enhance productivity and improve mechanical properties.
Key Highlights
- JK Digital, a subsidiary of Jaykay Enterprises, has signed an MoU with CSIR-CSIO for metal implant development.
- The collaboration aims to promote joint development of metal implants using additive manufacturing technology.
- The agreement also covers the development of parameters for metal additive manufacturing machines to enhance productivity and improve mechanical properties.
- CSIR-CSIO and JK Digital have agreed to special rights such as the right to appoint directors and the first right to share subscription in case of issuance of shares.
- The agreement does not involve any related party transactions and is not applicable to the issuance of shares.