JBM Auto captured a 49% market share in India's electric bus segment in May 2026, recording 157 registrations during the month — the highest in the industry, according to Vahan portal data. The surge in market share from 33% in April underscores the company's dominant position and growing adoption of its electric mobility solutions. This performance follows the company's retention of market leadership after posting the highest electric bus registrations in FY26.

The integration of Telangana's registration data into the Vahan portal from May 2026 has provided a more comprehensive view of national performance, reinforcing JBM Auto's milestone. The company's growth is driven by advanced manufacturing capabilities that enable the development of high-strength, lightweight bus platforms tailored for efficient public transport.

Operational Metrics

JBM Auto operates the world's largest dedicated integrated electric bus manufacturing facility outside China, located in the NCR region. This facility supports large-scale production and delivery with a substantial annual capacity. The following table summarises the company's key operational highlights:

Sustainability Impact

JBM Auto's electric buses have collectively clocked over 400 million e-kilometres and served more than one billion passengers to date. These operations have contributed to saving over one billion kilograms of CO2 emissions, aligning with the company's focus on decarbonising public transport.

Mr. Nishant Arya, Vice Chairman and Managing Director, JBM Auto, stated that the growth reflects a clear focus on decarbonising public transport while aligning with global benchmarks in sustainable mobility. He emphasised that the company aims to enhance everyday mobility by making it smarter, safer, and more accessible through innovation and efficiency.

JBM Auto disclosed that its promoters and promoter group members held a total of 14,63,69,666 equity shares as on March 31, 2026, with no encumbrance during the financial year. The company submitted the annual disclosure to BSE Limited and the National Stock Exchange of India Ltd. in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the promoters did not pledge any shares directly or indirectly during FY26, ensuring the shareholding remained free of encumbrances.

The disclosure includes shareholding details from various promoter group entities and individuals. JBM Auto stated that the information was received from and on behalf of the promoters. Sanjeev Kumar, Company Secretary & Compliance Officer, submitted the filing to the exchanges on April 7, 2026.

Promoter Shareholding Details

The following table details the equity shares held by each promoter and promoter group entity as on March 31, 2026:

Individual Disclosures

The filing also includes declarations from individual promoters. While Nishant Arya, Neelam Arya, and Surendra Kumar Arya declared significant holdings, other individuals such as Vishudda Ramrichhpal Agarwal and Ramrichpal Rameshwardas Agarwal declared that they did not hold any shares of the company as on the reporting date. All entities and individuals confirmed that no encumbrance was created on the shares during the financial year ended March 31, 2026.