JK Phillips LLP executes counter bank guarantee in favour of SBI

JK Phillips LLP related party of Jaykay Enterprises Limited, has today executed the Counter Bank Guarantee in favour of State Bank of India.

Accordingly, State Bank of India has also executed the Letter of Guarantee in favour of IRCON International Limited ("IRCON") for tender participation by JK Phillips LLP with IRCON for supply design, supply, installation, commissioning of various types of plant and machineries.

JK Phillips LLP (50% right to share profit held by Jaykay Enterprises Limited)

Shares of JAYKAY ENTERPRISES LTD. was last trading in BSE at Rs. 128.10 as compared to the previous close of Rs. 122.00. The total number of shares traded during the day was 247824 in over 668 trades.

The stock hit an intraday high of Rs. 128.10 and intraday low of 122.50. The net turnover during the day was Rs. 31600079.00.

Source : Equity Bulls

Keywords

JAYKAYENTERPRISES INE903A01025 JKPhillipsLLP CounterBankGuarantee SBI