- Business
- Jai Corp Limited engages primarily in plastic processing, steel manufacturing, and spinning yarn businesses in India and internationally. Incorporated in 1985 and headquartered in Mumbai, India, the company operates through five segments including Steel; Plastic Processing, which produces polypropylene woven sacks such as open bags, duffel bags, rigid stand-alone loop bags, customized bags with various discharge options, PP woven fabric, and printed non-woven bags; Spinning Yarn; and others encompassing investments and real estate developments like Special Economic Zones in Navi Mumbai and Mumbai. It manufactures galvanized plain and corrugated steel sheets, cold-rolled sheets, steel plates, CRCA sheets; provides industrial packaging solutions and plastic components; maintains manufacturing facilities in locations such as Silvassa and Murbad, Maharashtra; employs over 1,300 people; and exports products to international markets. Recent developments include a share buyback tender offer of ₹117.77 crore concluded in September 2024; change of registered office published in September 2024; merger of Pet Fibres intimated in August 2024; amalgamation of UIWAPL with UIVCL in March 2024; special interim dividend declaration with record date in July 2025; new director appointment and independent director re-appointments in 2024-2025; corporate office address updates in 2023; and board meetings approving unaudited financial results and sustainability reports through November 2025.