Jaykay Enterprises ₹154 Crore Rights Issue

Key Quantitative Figures

Issue Size: Up to 2,05,71,642 partly paid-up Equity Shares
Face Value: ₹1 per share
Issue Price: ₹75 per share (including premium of ₹74 per share)
Total Issue Amount: ₹15,428.73 lakh (₹154.29 crore)
Ratio: 3 Rights Equity Shares for every 19 Fully Paid-up Equity Shares
Record Date: Friday, August 28, 2026

Payment Schedule

| On Application | 0.50 | 37.00 | 37.50 |

| Subsequent Call(s) | 0.50 | 37.00 | 37.50 |

| Total | 1.00 | 74.00 | 75.00 |

Issue Schedule

| Event | Date |

| Last Date for Credit of Rights Entitlements | Monday, August 31, 2026 |

| Issue Opening Date | Monday, September 07, 2026 |

| Last Date for On Market Renunciation | Tuesday, September 15, 2026 |

| Last Date for Off Market Renunciation | Thursday, September 17, 2026 |

| Issue Closing Date | Friday, September 18, 2026 |

| Finalization of Basis of Allotment | Monday, September 21, 2026 (on or about) |

| Date of Allotment | Monday, September 21, 2026 (on or about) |

| Date of Credit of Rights Equity Shares | Tuesday, September 22, 2026 (on or about) |

| Date of Listing | Tuesday, September 22, 2026 (on or about) |

Parties Involved

Registrar to the Issue: Alankit Assignments Limited
Banker to the Issue: State Bank of India Limited
Monitoring Agency: Acuité Ratings & Research Limited
Designated Stock Exchange: BSE Limited
Statutory Auditors: P.L. Tandon & Company

Objects of the Issue

Net proceeds of ₹15,388.73 lakh (after estimated issue expenses of ₹40 lakh) will be utilized as:

1. Investment in JK Defence & Aerospace Limited (₹11,885.50 lakh)

₹7,205.50 lakh for manufacturing facility establishment (building construction, electrical installation, plant & machinery)
₹4,680.00 lakh for repayment of loans availed by JK Defence for construction

2. General Corporate Purposes (₹3,503.23 lakh)

Not exceeding 25% of gross proceeds

Capital Structure Impact

Pre-Issue Capital: 13,02,87,066 Equity Shares (₹13,02,87,066)
Rights Issue: Up to 2,05,71,642 partly paid-up Rights Equity Shares (₹1,02,85,821 paid-up value)
Post-Issue Capital: 15,08,58,708 Equity Shares (including partly paid shares)
Securities Premium Account: Increase by ₹7,611.51 lakh after subsequent calls

Regulatory Approvals

SEBI ICDR Regulations: Compliance confirmed
Stock Exchange Approvals: In-principle approval received from BSE (August 17, 2026) and NSE (August 18, 2026)
ISIN for Rights Entitlements: INE903A20025

Key Risk Factors Disclosed

Business conducted through subsidiaries with diverse operations
Significant reliance on government defense contracts
High working capital requirements and trade receivables
Outstanding legal proceedings involving ₹9,639.62 lakh against company and ₹11,213.07 lakh by company
Contingent liabilities of ₹7,191.00 lakh
Minimum subscription requirement of 90% of issue size

Promoter Participation

Promoters and promoter group have confirmed they will subscribe to their full rights entitlement and may subscribe to unsubscribed portion to meet minimum subscription requirements. Acquisition exempt from open offer requirements under SEBI Takeover Regulations.

Financial Information (Consolidated)

| Particulars | March 31, 2026 (₹ lakh) | March 31, 2025 (₹ lakh) |

| Total Revenue | 23,964.90 | 8,063.98 |

| Profit After Tax | 21,564.86 | 717.43 |

| Net Worth | 69,677.16 | 48,363.30 |

| Basic EPS (₹) | 16.88 | 0.79 |

Important Confirmations

Company, promoters, and directors are not identified as Wilful Defaulters or Fraudulent Borrowers
Equity shares not suspended from trading in last three years
Compliance with SEBI Listing Regulations for last three years
No outstanding fines/penalties against the company

Distribution Restrictions

Issue materials will only be sent to eligible shareholders who have provided Indian addresses. No offer or distribution in the United States or other jurisdictions where prohibited by law.

#Tags: #JaykayEnterprises #RightsIssue #SEBIDisclosure #RegulatoryCompliance #FinancialUpdate #Neutral