The board of Jaykay Enterprises at its meeting held today, i.e. 13 April 2026, has considered and approved the acquisition of the Business Undertaking of Patange Industries (PIPL), engaged in the business of defence precision manufacturing, fabrication and engineering design services, by way of a slump sale on a going concern basis.

The acquisition strengthens the company's strategic objective to expand its presence in the defence and aerospace sector.