Jai Corp

Urban Infrastructure Holdings, a company in which Jai Corp holds 32 per cent, is convening an extraordinary general meeting to approve a capital reduction proposed by the company

Jai Corp is a stakeholder in Navi Mumbai IIA Private Limited, Mumbai SEZ Limited, Rewas Ports Limited and Real Estate sector

The stock was up 10% to Rs 223, its highest level since January 5, 2011, on BSE in intra-day trade