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Jai Corp Limited Dissolves Non-Material Subsidiary Jaicorp Welfare Limited
Jai Corp Limited has announced the official dissolution of its wholly-owned subsidiary, Jaicorp Welfare Limited, effective January 27, 2026. The subsidiary was previously identified as a non-material, un-listed entity that was not conducting any economic activity. This final strike-off follows the Board's approval for liquidation granted on November 22, 2025. The move is part of a routine corporate cleanup to eliminate inactive entities from the group structure.
Key Highlights
Jaicorp Welfare Limited officially struck off and dissolved by the MCA on January 27, 2026.
The entity was a wholly-owned, non-material subsidiary of Jai Corp Limited.
Liquidation process was initiated due to the subsidiary having no active economic operations.
Initial Board approval for the closure was communicated on November 22, 2025.
💼 Action for Investors
This is a routine administrative matter with no impact on the company's financial performance or operations. Investors should treat this as a neutral development.