JBM Auto News

JBM Auto clarifies volume surge to BSE

JBM Auto Limited responds to BSE query on significant volume increase, stating all material disclosures made and volume movement purely market driven due to market conditions.

JBM Auto Clarifies No New Agreements; Office Closure

JBM Auto confirms no new agreements linked to recent news reports and announces corporate office closure from December 29, 2025, to January 1, 2026, for year-end holidays.

JBM Auto Seeks Shareholder Approval for Rs 1,450 Crore Material Related Party Transaction with Subsidiary

JBM Auto Limited has issued a postal ballot notice seeking shareholder approval for material related party transactions with its subsidiary JBM Ecolife Mobility Private Limited, valued up to Rs 1,450 crores. The transactions involve financial support including undertakings, sponsor support, comfort letters, indemnity or other financial assistance. JBM Auto holds 83% stake in JBM Ecolife Mobility, which is engaged in electric bus operations and EV ecosystem business. The approval is sought for one year from the date of shareholder consent. Previous transactions with the subsidiary included inter-corporate loans of Rs 366.09 crores, bank guarantees of Rs 38 crores, and sale of goods/services worth Rs 245.37 crores. The e-voting period runs from November 11, 2025 to December 10, 2025, with results to be declared by December 12, 2025.