
Jaykay Enterprises Executes Inter-Corporate Loan of Up To Rs 25 Crore to Subsidiary JK Digital
Jaykay Enterprises Limited announced on May 26, 2026, that it entered into a Loan Agreement with JK Digital & Advance Systems Private Limited. JK Digital, which is a wholly owned subsidiary of the Company, will receive a loan facility in one or more tranches.The agreement grants a maximum loan amount of up to Rs 25,00,00,000/- (Rupees Twenty Five Crores Only) to JK Digital. The stated purpose of the transaction is to provide necessary funds to the subsidiary.
The details regarding the loan terms and structure were outlined as follows:
| Detail | Description |
|---|---|
| Parties Involved | Jaykay Enterprises Limited (Lender) and JK Digital & Advance Systems Private Limited (Borrower). |
| Relationship | JK Digital is a wholly owned subsidiary of Jaykay Enterprises Limited. |
| Loan Nature | Inter-Corporate Deposit (ICD). |
| Loan Amount | Up to Rs 25,00,00,000/- (Rupees Twenty Five Crores Only). |
| Loan Status | Unsecured Loan. |
| Interest Rate | 10% per annum (p.a.). |
| Tenure | 3 years. |
| Repayment | The loan, together with accrued interest, shall be repaid in accordance with the terms mutually agreed between the parties. |
The transaction was structured as an inter-corporate deposit between the Company and its wholly owned subsidiary. The documentation confirms that the loan facility is considered to be at an arm's length basis. The parties executed the agreement on May 26, 2026.
JAYKAY Stock Price Movement
Today, Jaykay Enterprises Limited shares edged higher, gaining 2.17% and settling at ₹200.68 after a positive session. The stock showed investor interest with a total traded volume of 618,436 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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