Deals18 Sept 2025, 03:02 pm
Jaykay Enterprises' Subsidiary Receives Order from BrahMos Aerospace Worth Approx. Rs. 94.45 Crores
AI Summary
Jaykay Enterprises Ltd. announced that its step-down subsidiary, Allen Reinforced Plastics Limited, has received a definitive order from BrahMos Aerospace Private Limited for the manufacture of composite parts, valued at approximately Rs. 94.45 Crores (including GST). The order is a follow-up to a Letter of Intent received in August 2025.
Key Highlights
- Jaykay Enterprises' subsidiary, Allen Reinforced Plastics Limited, receives an order from BrahMos Aerospace Private Limited.
- The order is for the manufacture of composite parts and is valued at approximately Rs. 94.45 Crores (including GST).
- This order is a follow-up to a Letter of Intent received in August 2025.
- The order is expected to be executed as per the terms and conditions specified in the agreement.
- The deal falls under the 'Deals' category in the financial news.