Jaykay Enterprises Ltd. announced acquisition of Patange Industries' defence business for ₹5 crore via slump sale.
Acquisition includes warhead manufacturing assets, IP, and customer relationships with BrahMos Aerospace and Bharat Dynamics.
Transaction strengthens JKE's missile systems capabilities and enhances competitive positioning in India's defence sector.
Deal aligns with India's indigenous defence manufacturing policy and expands JKE's end-to-end missile subsystem offerings.