Jay Jalaram Technologies Finalizes Share Sale Agreement with Hear More Techlife

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Jay Jalaram Technologies Ltd has successfully executed a Share Sale Agreement with Hear More Techlife Pvt Ltd, marking a strategic move in its business expansion. The agreement involves the acquisition of 5,900 equity shares, representing 59% of Hear More Techlife’s total paid-up equity capital.

The deal, structured under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR), ensures compliance with market transparency norms. The acquisition is expected to strengthen Jay Jalaram’s footprint in the consumer electronics and smart accessories segment, leveraging Hear More Techlife’s expertise in audio devices, chargers, smartwatches, and mobile accessories.

Industry analysts view this transaction as a growth-oriented move, positioning Jay Jalaram Technologies for enhanced market competitiveness and product diversification.

Key Highlights:

Jay Jalaram acquires 59% stake in Hear More Techlife Pvt Ltd.

Transaction executed under SEBI’s Regulation 30 (LODR).

Strengthens presence in consumer electronics and smart accessories.

Strategic expansion to boost market competitiveness.

Source: Screener | NSE India | Kore Mobiles