Smt. Santosh Sondhi has ceased to be a promoter of Jullundur Motor Agency (Delhi) Limited following the transmission of her shareholding to her daughter, Smt. Shuchi Arora. The change in status was effected in accordance with Regulation 31A(6)(c) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, subsequent to the demise of Smt. Santosh Sondhi. The total shareholding of the promoters and promoter group remains unchanged at 51.00% of the share capital.

Shuchi Arora, who is also a promoter and director of the company, acquired the transmitted shares. The transaction was executed under the exemption provided by Regulation 10(1)(g) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which pertains to inter-se transfers among promoters. This exemption negated the requirement for a mandatory open offer.

The disclosure regarding the cessation of promoter status and the updated shareholding pattern was submitted to the National Stock Exchange of India Limited on June 19, 2026. The filing confirmed that the transmission of shares resulted in the transferor, Smt. Santosh Sondhi, holding nil shares, while the acquirer, Shuchi Arora, increased her stake.

The table below details the revised shareholding of the promoters and promoter group subsequent to the transmission.

Jullundur Motor Agency (Delhi) Limited reported a consolidated net profit of ₹3,020.84 lakh for the financial year ended March 31, 2026, representing an increase of 20.5% from ₹2,620.82 lakh in the previous year. On a standalone basis, the company recorded a net profit of ₹2,450.75 lakh for FY26, compared to ₹2,033.63 lakh in FY25. The board of directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026.

Revenue from operations for the consolidated entity rose to ₹62,189.95 lakh in FY26 from ₹55,571.79 lakh in the previous year. Standalone revenue from operations increased to ₹48,146.45 lakh from ₹43,177.73 lakh in the same period. Total comprehensive income for the year stood at ₹3,103.98 lakh on a consolidated basis and ₹2,521.67 lakh on a standalone basis.

The board recommended a final dividend of ₹3 per equity share of face value ₹2 each, which includes a special dividend of ₹1 per share. This totals a 150% payout, comprising 100% regular dividend and 50% special dividend. The payment is subject to the approval of shareholders at the ensuing Annual General Meeting and is scheduled to be paid on or before September 23, 2026.

The board recommended the appointment of Shri Varoon Malik as Director and Managing Director of the company for a period of five years, effective from September 1, 2026, to August 31, 2031. This appointment is subject to shareholder approval at the upcoming Annual General Meeting. Shri Malik is currently the Chief Executive Officer of the company and is the son-in-law of promoters Shri Deepak Arora and Smt. Shuchi Arora. Prior to joining the company, he was associated with Bennett, Coleman and Co. Ltd. (The Times Group) for over a decade.

The 77th Annual General Meeting of the company is scheduled to be held on August 25, 2026, through Video Conferencing or Other Audio Visual Means. M/s Aiyar & Co., Chartered Accountants, the statutory auditors, issued an unmodified opinion on the standalone and consolidated financial results. The company’s operations involve the sale and distribution of automobile parts and accessories within India.

Financial Results for FY26