Jaykay Enterprises has received approval to acquire the business undertaking of Patange Industries (PIPL), which is 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 of the Business Undertaking is aligned with the strategic objective of the company to expand its presence in the Defence & Aerospace sector and to strengthen its engineering and technological capabilities. This strategic acquisition is expected to enhance the company’s service offerings and operational capabilities in the design, analysis and manufacturing of complex engineering structures.

The Board of Directors the company, at its meeting held on April 13, 2026, has approved the same.

Jaykay Enterprises manufactures synthetic yarns, fibres and fabrics, portland and white cement, chemicals, fertilisers, pharmaceuticals and synthetic fibre-making machinery, and chemicals, and develops renewable energy sources.