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Jai Corp Limited ( (IN:JAICORPLTD) ) just unveiled an announcement.
Jai Corp Limited has disclosed that officials from India’s Enforcement Directorate conducted an unannounced search of its Mumbai corporate office on December 19, 2025, as well as the residences of its Chairman Anand Jain, Vice-Chairman Virendra Jain and Managing Director Gaurav Hain, in connection with a widely reported fraud probe. The company told the stock exchange that the visit was neither planned nor part of any negotiations, confirmed it had informed the bourse within the required timeline under disclosure rules, and said the matter is sub judice and any financial impact cannot presently be assessed, while reiterating that it is fully cooperating with the authorities in the ongoing investigation.
More about Jai Corp Limited
Jai Corp Limited is an India-based diversified company with operations spanning manufacturing and industrial activities, and it is listed on the National Stock Exchange under the symbol JAICORPLTD. The company operates from its corporate office in Mumbai and maintains a registered office in Maharashtra’s MIDC industrial area, positioning it within the country’s broader industrial and infrastructure ecosystem.
Average Trading Volume: 147,151
Technical Sentiment Signal: Sell
Current Market Cap: 22.43B INR
For a thorough assessment of JAICORPLTD stock, go to TipRanks’ Stock Analysis page.