Jay Jalaram Technologies Limited has entered into a non-exclusive distribution agreement with Honortech Universal Private Limited for a period of four years, starting July 3, 2024. This agreement grants Jay Jalaram Technologies Limited the rights to sell and distribute products under the "Honor" brand in seven Indian states: Gujarat, Madhya Pradesh, Uttar Pradesh, Chhattisgarh, Rajasthan, Maharashtra, and Uttarakhand. This marks a significant milestone for Jay Jalaram Technologies Limited, expanding its product portfolio and market reach.

By securing distribution rights for the "Honor" brand, the company is poised to tap into new customer segments and strengthen its presence across seven key Indian states. This move not only diversifies the company's offerings but also demonstrates its commitment to growth and adaptability in the dynamic technology market. The non-exclusive nature of the agreement allows for flexibility while leveraging the reputation of the " Honor" brand, potentially leading to increased sales, enhanced market share, and improved financial performance over the next four years.

With the addition of the "Honor" brand to its distribution portfolio, Jay Jalaram Technologies Limited has expanded its reach, signaling a significant increase in brand diversity and positioning the company for accelerated growth across multiple market segments in seven strategically important Indian states.