Corporate guarantee for subsidiary raised from 29.22 cr to 56.27 cr
JAYKAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jaykay Enterprises has enhanced its corporate guarantee for step-down subsidiary Allen Reinforced Plastics in favour of SBI from up to Rs 29.22 crore to up to Rs 56.27 crore, nearly doubling the exposure. The guarantee secures credit facilities availed by the subsidiary. This will be treated as a contingent liability for Jaykay Enterprises. The revised filing on BSE and NSE rectifies an earlier submission dated July 20, 2026 that was filed without a digital signature; contents remain unchanged.
Contingent liability for Jaykay Enterprises rises to up to Rs 56.27 crore from Rs 29.22 crore, raising financial exposure on its subsidiary.