Jamna Auto Industries promoter Randeep Singh Jauhar disposed of 99,95,000 equity shares on September 11, 2026. The transaction reduced his stake by 2.49% through a block deal.

The sale was executed via the stock exchange, bringing Jauhar’s total holding down from 4.38% to 1.88%. The company disclosed the transaction under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The disposal involved only voting rights shares, with no encumbrances or convertible securities attached to the sold portion. The total equity share capital of the company remained unchanged at ₹399,985,135, divided into 399,985,135 equity shares of ₹1 each.

What the Numbers Show

The block deal represents a significant reduction in promoter concentration, with nearly 57% of Jauhar’s pre-transaction holding being sold in a single event. This move aligns with regulatory disclosure requirements for substantial disposals, ensuring transparency in ownership changes.

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.