Receipt of order from BrahMos Aerospace Private Limited by Jaykay Enterprises Limited

Govt Defence OrderBusiness Updates View source PDF

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AI summary

Jaykay Enterprises Limited has received a manufacturing order from BrahMos Aerospace Private Limited valued at approximately Rs. 4.46 Crores (including GST). The order is for the manufacture of PCB Warhead Casing Assembly. This is a domestic order awarded by BrahMos, which is a joint venture between India's Defence Research and Development Organisation (DRDO) and Russia's NPO Mashinostroyenia. The order is not a related party transaction and no promoter or group company interest exists in the awarding entity.

Likely market impact

This is a defence sector order that could be meaningful for Jaykay Enterprises given the specialised nature of the component being manufactured. The order value of Rs. 4.46 Crores represents a new contract for the company in the aerospace and defence segment.