Announcement under Regulation 30 (LODR)- Memorandum of Understanding executed between JK Digital, WOS of Jaykay Enterprises Limited and Neuro- Engineering Lab, AIIMS.
JAYKAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jaykay Enterprises Ltd announced that its wholly owned subsidiary, JK Digital & Advance Systems Pvt Ltd, signed an MoU with the Neuro-Engineering Lab at AIIMS, New Delhi on May 9, 2025. The partnership aims to jointly develop neurosurgical instruments through iterative design, prototyping, and validation. JK Digital will handle manufacturing using metal 3D printing and high-precision machining, following AIIMS's designs and technical specifications. The two parties will work out the commercialization strategy and other terms over the coming months. No share exchange, related-party connection, or special board rights are involved.
This signals Jaykay Enterprises' entry into the high-precision medical devices space through its subsidiary, leveraging a prestigious institutional partner (AIIMS). For shareholders, it represents a diversification move into a niche, high-value segment, though commercial terms and revenue impact are yet to be finalized.