Board approves Rights Issue of up to Rs 155 Crore
JAYKAY · price
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Jaykay Enterprises board approved a Rights Issue of partly paid-up equity shares to eligible shareholders, aiming to raise up to Rs 155 crore. The record date will be notified later. Other terms like issue price, entitlement ratio, and payment schedule are yet to be decided by the Rights Issue Committee. Board meeting was held on July 13, 2026.
Rights Issue is dilutive; existing shareholders may participate to maintain their stake. Key terms like price and ratio are pending, which will shape the actual impact on the stock.