JAYKAYBSEJaykay Enterprises LtdHighPositive
Announced Sun, 28 Sept · 12:27 IST

Announcement under Regulation 30 of SEBI Listing Regulations- Receipt of Order from Bharat Dynamics Limited by Allen Reinforced Plastics Limited, a step down subsidiary of the Company

Govt Defence OrderBusiness Updates View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Allen Reinforced Plastics Limited, a step-down subsidiary of Jaykay Enterprises, has received its second definitive order from government defence PSU Bharat Dynamics Limited worth approximately Rs. 9.16 Crores (including GST) for manufacturing Packing Boxes. This follows an earlier order of Rs. 6.74 Crores for Launcher Tubes announced on September 26, 2025, together converting an initial Rs. 15.90 Crores communication (dated August 11, 2025) into firm orders. Bharat Dynamics is a public sector undertaking under the Ministry of Defence, confirming the order is domestic in nature with no related-party interest. The order is to be executed as per the terms specified in the contract.

Likely market impact

Positive for Jaykay Enterprises — full conversion of the Rs. 15.90 Crores pipeline from a reputed defence PSU strengthens visibility for the step-down subsidiary's revenue and signals continuing defence-sector business for the group. Limited direct impact on the parent's standalone earnings given small size, but supportive for consolidated order book.