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Jaykay Enterprises Arm Wins Order Worth Over ₹110 Crore from BrahMos and Bharat Dynamics; Share Price Surges

Written by: Team Angel OneUpdated on: 12 Aug 2025, 11:12 pm IST
Jaykay Enterprises’ step-down subsidiary, Allen Reinforced Plastics, has received LoI from BrahMos Aerospace and Bharat Dynamics valued at a combined ₹110.35 crore.
Jaykay Enterprises Arm Wins Order Worth Over ₹110 Crore from BrahMos and Bharat Dynamics; Share Price Surges
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Jaykay Enterprises Limited has released a revised disclosure under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015. This follows an earlier announcement dated August 8, 2025, regarding significant Letters of Intent (LoIs) received by its step-down subsidiary, Allen Reinforced Plastics Limited, from 2 leading defence sector companies: BrahMos Aerospace Private Limited and Bharat Dynamics Limited.

Major Orders from Defence Sector Leaders

Allen Reinforced Plastics Limited has secured an LOI from BrahMos Aerospace valued at approximately ₹94.45 crore, inclusive of GST, for the manufacture of composite parts. In addition, Bharat Dynamics Limited has issued an LOI worth around ₹15.90 crore, inclusive of GST, for the production of composite air frames and launcher tubes. 

Both contracts are domestic in nature and will be executed in accordance with the technical requirements provided by the respective companies once converted into definitive agreements.

Impact on Allen’s Business Prospects

The 2 LOIs represent a major boost to Allen’s order book, with the potential to strengthen its market position in the defence manufacturing segment. These deals are expected to enhance Allen’s revenue prospects while expanding its relationships with key defence industry players. 

The company confirmed that there is no promoter or related party interest in these transactions, ensuring the deals are conducted at arm’s length.

Read More: RBI Steps Up Dollar Sales to Support the Rupee?

Jaykay Enterprises Share Price Performance 

As of August 12, 2025, at 11:05 AM, Jaykay Enterprises share price is trading at ₹154.75 per share, reflecting a surge of 1.81%.

Conclusion

The acquisition of LOIs worth over ₹110 crore marks a strategic milestone for Allen Reinforced Plastics Limited. Upon execution, these contracts will not only drive revenue growth but also reaffirm Allen’s capabilities in delivering critical components for the defence sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 12, 2025, 3:34 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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