Jay Bharat Maruti Limited has dispatched the notice for its 39th Annual General Meeting (AGM), scheduled for Wednesday, August 26, 2026, at 12:30 p.m. IST via Video Conferencing or Other Audio Visual Means. The meeting aims to approve a final dividend of ₹0.70 per equity share for FY25-26, ratify material related party transactions (RPTs) valued at up to ₹4,950 crore with key partners, and authorize the Board to raise funds up to ₹750 crore through securities issuance.

The Board recommends a final dividend of 35% on the face value of ₹2 per share, payable to shareholders holding shares as of the record date, Wednesday, August 19, 2026. The Register of Members and Share Transfer Books will remain closed from Thursday, August 20, 2026, to Wednesday, August 26, 2026, to determine dividend entitlement and voting rights. Remote e-voting will be open from Sunday, August 23, 2026, at 9:00 a.m. IST to Tuesday, August 25, 2026, at 5:00 p.m. IST.

Material Related Party Transactions

Shareholders are requested to approve material RPTs with Maruti Suzuki India Limited (MSIL) and Neel Metal Products Limited (NMPL) in the ordinary course of business on an arm’s length basis. The aggregate value of proposed transactions with MSIL is capped at ₹3,200 crore, while those with NMPL are capped at ₹1,750 crore. These approvals are valid from the current AGM until the AGM for FY26-27. The transactions encompass the sale and purchase of goods, services, and capital equipment, aligning with the company’s strategic partnerships in the automotive component sector.

Capital Raising and Governance Changes

The Company seeks shareholder consent to issue securities, including equity shares, debentures, and convertible instruments, up to an aggregate amount of ₹750 crore. This resolution supersedes the previous authorization which lapsed as no funds were raised during its validity period. The proceeds are intended to meet capital expenditure needs for existing and future projects, working capital requirements, and general corporate purposes.

Additionally, the AGM agenda includes the re-appointment of Mr. Anand Swaroop as Executive Director and CFO, who retires by rotation. The meeting will also consider the re-appointment of Mr. Madhusudan Prasad for a second consecutive term as Independent Director and the appointment of Mr. Krishan Kumar Jalan as a new Independent Director. Furthermore, shareholders must approve the remuneration of Chairman Mr. Surendra Kumar Arya for FY26-27, pursuant to Regulation 17(6)(ca) of SEBI LODR, as his remuneration exceeds fifty percent of the total annual remuneration payable to all Non-Executive Directors.

Jay Bharat Maruti Limited reported zero lost-time injuries for both employees and workers during FY26, marking a significant safety milestone in its Business Responsibility and Sustainability Report (BRSR). The Gurugram-based auto component manufacturer also highlighted improvements in environmental metrics, with renewable energy (RE) contribution rising from 1.9% to 6.8% year-on-year, while water intensity dropped from 0.87 to 0.49 kilolitres per ₹ lakh of turnover.

The disclosures, filed for the financial year ending March 31, 2026, reveal that Jay Bharat Maruti’s total energy consumption stood at 2,53,390 GJ, including 17,399 GJ from renewable electricity. This shift contributed to a reduction in Scope 1 and Scope 2 greenhouse gas (GHG) emission intensity from 0.17 to 0.16 tonnes of CO2 equivalent per ₹ lakh of turnover. Energy intensity also improved, declining from 1.01 to 0.99 GJ per ₹ lakh of turnover.

Safety and Employee Well-being

The company attributes its safety record to an ISO 45001-compliant management system, Behaviour-Based Safety (BBS) training, and real-time digital monitoring. All facilities underwent assessments for health, safety, and working conditions, with every worker receiving orientation at dedicated Dojo centres.

Jay Bharat Maruti employs 1,071 permanent and non-permanent employees and 3,954 workers as of the end of FY26. Women constitute 12.5% of the Board of Directors and 50% of Key Managerial Personnel. The company provided group personal accident insurance to 100% of its workforce and launched the “Sankalp Siddhi” initiative to promote healthy lifestyles through yoga and wellness programs.

Environmental Performance

The company aligned its GHG reduction roadmap with national Net Zero targets, developing a long-term mitigation plan for Scope 1 and Scope 2 emissions. While Scope 3 emissions are currently under assessment, Jay Bharat Maruti has implemented LEAP projects across plants, saving 3,84,180 kWh of power and reducing CO2e by 272.7 tonnes. Waste management practices adhere to the Reduce, Reuse, and Recycle principle, with hazardous waste disposed of via authorized recyclers.

Supply Chain and Governance

Jay Bharat Maruti evaluated 89% of its suppliers based on business value against its Supplier Code, focusing on labour rights, environmental stewardship, and human rights. Approximately 88.46% of suppliers comply with ESI and PF deductions, and 92.08% are ISO 14001:2015 certified. The company’s Board oversees ESG implementation through the Risk Management and Sustainability Committee and the CSR Committee.

What the Numbers Show

The divergence between rising renewable energy contribution and stable waste intensity suggests that while Jay Bharat Maruti is successfully decarbonizing its energy mix, waste generation remains proportional to production volumes. With energy intensity improving despite increased production leading to economies of scale, the company is demonstrating operational efficiency gains that support both cost management and sustainability goals.