JK Phillips LLP executes counter bank guarantee in favour of SBI

JK Phillips LLP, a 50:50 Joint Venture between Jaykay Enterprises Limited and Phillips Machine Tools India Private Limited (a subsidiary of Phillips Corporation, USA), has executed a Counter Bank Guarantee in favour of State Bank of India to facilitate execution of the work awarded by Ircon International Limited ("Ircon") pursuant to LOA dated September 24, 2025 relating to design, supply, installation, commissioning, & training of various plant & machineries for MSME Training Centres located at various locations in India on turnkey basis.

Shares of JAYKAY ENTERPRISES LTD. was last trading in BSE at Rs. 218.05 as compared to the previous close of Rs. 218.85. The total number of shares traded during the day was 138954 in over 1938 trades.

The stock hit an intraday high of Rs. 228.00 and intraday low of 217.05. The net turnover during the day was Rs. 30799699.00.

Source : Equity Bulls

Keywords

JAYKAYENTERPRISES INE903A01025 JKPhillipsLLP JV CounterBankGuarantee