India, April 13 -- At the Board meeting held on April 13, 2026 Jaykay Enterprises Limited announced that it had approved the purchase of the entire business undertaking of Patange Industries Private Limited (PIPL). The deal is formatted as a cash-consideration slump sale on a going-concern basis, which further strengthens Jaykay as an advanced engineering and defense powerhouse.

PIPL focuses on engineering design, and high-precision production of highly regulated defense parts, such as warheads, bulkheads, and complex engineered structures. In the case of Jaykay Enterprises, the purchase of an already operational organisation such as PIPL will help the company save the long gestation cycle to develop defence quality manufacturing facilit...