Jamna Auto Industries has scheduled its 60th Annual General Meeting for Tuesday, September 29, 2026. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars.

The company announced 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 the payment of the final dividend.

Meeting Details

The AGM is set to begin at 11:30 am IST. Shareholders can participate remotely as per regulatory guidelines issued by the Securities and Exchange Board of India.

Dividend Eligibility

If the board recommends a final dividend, it will be paid within 30 days of declaration. Eligible shareholders must appear in the Register of Members or the list of beneficial owners as on Tuesday, September 22, 2026.

National Securities Depository Limited and Central Depository Services (India) Limited will furnish the list of beneficial owners for this purpose.

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.