Announced Tue, 25 Aug, 2026 · 20:02 IST
Step-down subsidiary wins Rs 60 Crore defence order from BrahMos Aerospace
JAYKAY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.5%1-day move
₹158.00
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₹164.90
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AI summary
Jaykay Enterprises's step-down subsidiary Allen Reinforced Plastics has received an order worth about Rs 60.01 Crore (inclusive of GST) from BrahMos Aerospace, a defence sector PSU known for missile systems. The order is for manufacture of composite parts and is a domestic contract. BrahMos is not a related party to Jaykay Enterprises and there is no promoter interest in the awarding entity.
Likely market impact
Positive — defence order worth about Rs 60 Crore from BrahMos via subsidiary adds defence exposure to the group and may lift subsidiary revenue.