MAP Holdings Limited Declares No Encumbrance of Shares in Jamna Auto Industries Limited for FY26

1 min read     Updated on 24 Apr 2026, 06:54 AM
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MAP Holdings Limited has submitted a declaration to BSE Limited and National Stock Exchange of India Limited confirming that it has not created any encumbrance on shares of Jamna Auto Industries Limited during the financial year 2025-26, except those previously disclosed to the exchanges. The declaration was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation was signed by Pawan Kumar, Executive Director of MAP Holdings Limited, on behalf of promoters, promoter group, and persons acting in concert of Jamna Auto Industries Limited.

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MAP Holdings Limited has formally declared to both BSE Limited and National Stock Exchange of India Limited that it has not created any encumbrance on shares of jamna auto industries during the financial year 2025-26. The declaration, dated April 02, 2026, was submitted in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The company confirmed that no encumbrance has been made directly or indirectly on the shares of Jamna Auto Industries Limited during FY 2025-26, other than those transactions that have already been disclosed to the exchanges. This regulatory filing ensures transparency in shareholding patterns and compliance with takeover regulations.

Declaration Details

Parameter Details
Declaration Date April 02, 2026
Financial Year FY 2025-26
Regulation Regulation 31(4) of SEBI (SAST) Regulations, 2011
BSE Code 520051
NSE Code JAMNAAUTO

The declaration was signed by Pawan Kumar, Executive Director of MAP Holdings Limited (formerly known as MAP Auto Limited), on behalf of the promoters, promoter group, and persons acting in concert of Jamna Auto Industries Limited. The company's registered office is located at 2 Park Lane, Kishangarh, Behind D-3, Vasant Kunj, New Delhi – 110070, India.

Copies of the declaration have been marked to the Audit Committee and the Company Secretary of Jamna Auto Industries Limited for their records and necessary action.

Historical Stock Returns for Jamna Auto Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.62%-3.03%+10.46%+30.52%+45.60%+88.18%

What strategic initiatives might MAP Holdings Limited pursue with Jamna Auto Industries given their unencumbered shareholding position?

How could MAP Holdings' clean share status impact potential merger or acquisition discussions in the auto components sector?

Will MAP Holdings consider increasing its stake in Jamna Auto Industries now that regulatory compliance has been demonstrated?

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ICRA Upgrades Jamna Auto Industries' Credit Rating to [ICRA]AA (Stable)

1 min read     Updated on 16 Apr 2026, 12:56 PM
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Jamna Auto Industries Ltd received a credit rating upgrade from ICRA Limited, with its long-term rating improved to [ICRA]AA (Stable) from [ICRA]AA- (Positive). The upgrade covers bank facilities totaling Rs. 550.00 crore, including Rs. 90.00 crore in term loans and Rs. 460.00 crore in working capital facilities. ICRA reaffirmed the short-term rating at [ICRA]A1+ for both working capital and commercial paper facilities worth Rs. 100.00 crore.

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Jamna Auto Industries Ltd has announced a significant credit rating upgrade from ICRA Limited, marking a positive development in the company's financial standing. The rating agency communicated the upgrade on April 15, 2026, covering the company's bank facilities worth Rs. 550.00 crore.

Rating Upgrade Details

ICRA has upgraded the company's long-term credit rating to [ICRA]AA (Stable) from the previous [ICRA]AA- (Positive) rating. The outlook has been revised to Stable from Positive, indicating a more secure financial position. The upgrade applies to both term loans and working capital facilities.

Instrument Rated Amount (Rs. In Crore) New Rating Rating Action
Long-Term Fund-based-Term Loan 90.00 [ICRA]AA (Stable) Upgraded from [ICRA]AA- (Positive)
Long-Term/Short-Term Working Capital 460.00 [ICRA]AA (Stable)/[ICRA]A1+ Long-term upgraded, short-term reaffirmed
Commercial Paper 100.00 [ICRA]A1+ Reaffirmed
Total Bank Facilities 550.00

Facility Breakdown

The rating upgrade covers multiple financial instruments across the company's banking arrangements. The long-term fund-based term loan facility of Rs. 90.00 crore received the upgraded rating, while the larger working capital facility of Rs. 460.00 crore, which includes both fund-based and non-fund based components, also benefited from the improved long-term rating.

Short-Term Ratings Maintained

ICRA has reaffirmed the company's short-term rating at [ICRA]A1+ for both working capital facilities and commercial paper. The commercial paper facility of Rs. 100.00 crore, which is carved out of the existing working capital arrangement, maintains its [ICRA]A1+ rating.

Regulatory Compliance

The company disclosed this rating upgrade in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited on April 16, 2026, ensuring transparent communication with stakeholders and the investment community.

Historical Stock Returns for Jamna Auto Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.62%-3.03%+10.46%+30.52%+45.60%+88.18%

What specific operational improvements or financial metrics drove ICRA to upgrade Jamna Auto's rating despite changing the outlook from Positive to Stable?

How might this enhanced credit rating impact Jamna Auto's borrowing costs and capital expansion plans in the automotive components sector?

Will this rating upgrade enable Jamna Auto to compete more effectively for larger OEM contracts or expand into new automotive segments?

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More News on Jamna Auto Industries

1 Year Returns:+45.60%