Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Jaykay Enterprises Limited Capital/Financing Update 2021

Jul 22, 2021

62529_rns_2021-07-22_00740607-7956-4d27-a28e-813e247ba2b6.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

JKE Jaykay Enterprises Limited

Jaykay Ent./CS/209/2021/Announcement/ Date: July 21. 2021

The Bombay Stock Exchange Ltd. Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400 001 Scrip Code: 500306 Fax No. 022-22722041, 22722039, 22723132

Through: On-line

DearS Sir,

In Re: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Sub: Investment in 20.55,000 (Twenty Lakhs Fifty Five Thousand Onlv) Equity Shares of Rs. 10 each of M/s Neumesh Labs Private Limited ("Neunmesh') a Joint Venture Company of Jaykay Enterprises Ltd (JKE)

Please refer our earlier communication dated January 4, 2021 & June 29. 2021, the relevant extract whereof along with current developments are submitted as follows:

JKE had approved a draft Joint Venture and Shareholders Agreement with M/s EOS Singapore Pte Ltd and after finalization of terms of Agreement, a Joint Venture and Shareholders Agreement was entered into and executed between Jaykay Enterprises Limited (JKE') and M/s A3D Singapore Pte Ltd ("EOS'), an affiliated to M/s EOS Singapore Pte Ltd, a global stalwart in 3D Printing Technology and development, design and supply of machines, products and processes for 3D printing, and consequent upon which a JV company has been incorporated in the name of Neumesh for the purpose, with 70% and 30% of shareholding each of JKE and EOS respectively in said JV company, to engage, inter alia, in the business of the 3D printing technology in India.

Pursuant to Regulation 30 and Schedule Ill of the SEBI (Listing Obligations aund Disclosure Requirements) Regulations, 2015, we wish to inform you that today i.e. on July 21, 2021. Neumesh has allotted 29,35.000 (Twenty Nine Lakhs Thirty Five Thousand) Equity Shares of Rs. 10- each in first tranche to JKE and EOS as follows: oine Lakhnform u (List.

Regdr ornicte: Kamla Tower, Kanpur-208001 (NOIA) Phones: 91 S12 2371478 - 81, Fax: +91 512 2332665 Email: [email protected], weD: www.jaykayenterprises.com CINL99999UP1961PLCO00i187

JKE Jaykay Enterprises Limited

NO Name and Address of
Allottees
Occupation Nationality No. of
Equity
shares
proposed
Amount
(Rs.)
Percentage
Jaykay Enterprises Limited
Kamla Tower, Kanpur
208001
Indian
Company
Indian to be allotted
20,55,000
2.05,50.000 69.78%
Additive 3D Pte Ltd
51 Goldhill Plaza,
07-10/11 Singapore 308900
Overseas
Body
Corporate
Singapore 8,80,000 88,00,000 29.88%
Total 29,35,000 293,50,000

The allotment constitutes the 69.78% of the Equity Share Capital of Neumesh and Neumesh thereby has become Subsidiary company of the Company with effect from today.

Please take the aforesaid information on record

Thanking you,

Yours faithfully, For Jaykay Enterprises Ltd.,