Jamna Auto Industries has scheduled its 60th Annual General Meeting for Tuesday, September 29, 2026. The board of directors has recommended a final dividend of ₹1.50 per share for the financial year 2025-26.

The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. Electronic copies of the AGM notice along with the annual report were dispatched on September 5, 2026, to members registered as of Friday, August 28, 2026.

Meeting Details

The AGM is set to begin at 11:30 am IST. Shareholders can participate remotely via the NSDL e-voting system. Physical copies of the annual report are not being sent; members requiring them may request one from the company or its Registrar and Share Transfer Agent, Skyline Financial Services Pvt. Ltd.

Dividend Eligibility and Payment

Eligible shareholders must appear in the Register of Members or the list of beneficial owners as on Tuesday, September 22, 2026. If declared by members at the AGM, the dividend will be paid within 30 days.

In line with Listing Regulations amended on November 18, 2025, payments will be made exclusively through electronic modes such as NEFT, RTGS, or NECS. No physical cheques will be issued. Members are advised to update their bank and KYC details with their Depository Participant or RTA.

E-Voting Schedule

Remote e-voting will commence on Saturday, September 26, 2026, at 9:00 am and end on Monday, September 28, 2026, at 5:00 pm. Voting rights are reckoned based on paid-up equity shares held as of the record date.

Book Closure Period

The register of members and share transfer books will remain closed from Wednesday, September 23, 2026, until Tuesday, September 29, 2026. This closure facilitates the AGM and dividend payment process.

Praveen Lakhera, Company Secretary and Head-Legal, signed the notice dated September 7, 2026.

The Board of Directors of Jamna Auto Industries approved the establishment of a new leaf spring manufacturing facility at its existing plant in Adityapur, Jharkhand, during a meeting held on August 07, 2026. This brownfield expansion represents a ₹47 crore investment aimed at strengthening the group's manufacturing capabilities and capturing greater market share in East India's OEM and aftermarket segments. By leveraging existing infrastructure, the company seeks to enhance operational synergies while meeting growing regional demand.

The project will be implemented through Jai Suspensions Limited, a wholly owned subsidiary of Jamna Auto Industries. The proposed facility is designed to add a production capacity of 1,500 metric tons (MT) per month. Management has indicated that commercial production is expected to begin around December 2027. The entire expenditure will be financed primarily through internal accruals, preserving external leverage ratios. The final investment amount remains subject to potential adjustments by management based on execution requirements.

Project Specifications

The key parameters of the approved expansion are outlined below:

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, referencing Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The strategic rationale cited by the board includes the ability to cater primarily to Original Equipment Manufacturers (OEMs) and the aftermarket in East India. This geographic focus allows the subsidiary to reduce logistics costs and improve response times for key clients in the region.

What the Numbers Show

The decision to fund this expansion entirely through internal accruals signals strong confidence in the company's cash flow generation capabilities. With no mention of external debt or equity fundraising for this specific capex item, the company appears to be prioritizing balance sheet stability. The target capacity of 1,500 MT per month adds significant volume to the group's output, directly addressing supply constraints in the eastern Indian automotive sector. The timeline from approval to commercial production suggests a streamlined execution plan, likely aided by the brownfield nature of the project, which utilizes existing site infrastructure.