Jaykay Enterprises Limited
Loan Agreement with Wholly-Owned Subsidiary
Main Body
Jaykay Enterprises Limited (JKE) has executed a Loan Agreement on October 08, 2026, with its wholly owned subsidiary, JK Defence & Aerospace Limited (JK Defence). The purpose of the agreement is to grant a loan of up to ₹100,00,00,000/- (Rupees Hundred Crores Only) to JK Defence.
Key Terms of the Agreement:
- Loan Amount: Up to ₹100 crore
- Disbursement: In one or more tranches
- Interest Rate: 10% per annum
- Tenure: 3 (Three) years
- Repayment: The loan together with accrued interest shall be repayable in accordance with terms mutually agreed between the parties
- Security: Unsecured loan (no security provided)
- Nature: Inter-Corporate Deposit
Relationship Between Parties:
JK Defence is a wholly owned subsidiary of Jaykay Enterprises Limited. This transaction qualifies as a related party transaction but has been conducted on an arm's length basis.
Regulatory Compliance:
The disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.