Jay Ushin Limited has announced an inter-se transfer of equity shares between its promoters, involving the gifting of 2,758 equity shares from one promoter to another. The transaction was disclosed to BSE Limited on December 29, 2025, in accordance with regulatory requirements.

Transaction Details

The share transfer involves promoter Harish Kumar Sachdeva gifting 2,758 equity shares to Smita Minda, both of whom are part of the company's promoter group. The transaction represents an inter-se transfer between promoters by way of gift.

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Both promoters have submitted the requisite disclosure in Form 'C' to ensure compliance with insider trading regulations.

Company Secretary Jyoti Kataria communicated the transaction details to BSE Limited, requesting the exchange to take the disclosure on record and disseminate the information further. The company has fulfilled its regulatory obligations by filing the necessary documentation within the prescribed timeframe.

Company Background

Jay Ushin Limited operates as a joint venture with Ushin Ltd. Japan and is engaged in the auto ancillaries sector. The company maintains its registered office at GI-48, G.T. Karnal Road, Industrial Area, Delhi-110033, and trades on BSE under scrip code 513252.

The inter-se transfer does not affect the overall promoter holding in the company, as the shares remain within the promoter group. Such transactions are common among promoter families and are conducted in compliance with SEBI regulations to ensure transparency in shareholding patterns.

Jay Ushin Limited , a key player in the automotive components sector, has recently issued a clarification regarding its import of rare earth magnets from China. The company's statement aims to provide transparency about its supply chain operations in the automotive sector.

Long-term Import Practice

Jay Ushin has emphasized that the import of rare earth magnets from China is not a new development. The company stated that it has been importing these crucial components for an extended period, specifically for use in automotive production. This practice has been a consistent part of their supply chain strategy to ensure the continuous manufacture of their automotive products.

Sourcing Strategy

In its clarification, Jay Ushin provided additional details about its sourcing approach:

Market Speculation and Clarification

The company's statement comes in response to recent media reports suggesting that Jay Ushin had obtained a new license to import rare earth magnets from China. These reports appear to have led to speculation and potentially influenced the company's stock price movements.

To address this, Jay Ushin has clearly stated that their import of rare earth magnets is not a new development but rather a long-standing practice. This clarification serves to dispel any misconceptions about changes in their supply chain or new agreements with Chinese suppliers.

Regulatory Compliance

The clarification was issued in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This move demonstrates Jay Ushin's commitment to maintaining transparency with its stakeholders and adhering to regulatory requirements.

By providing this clarification, Jay Ushin aims to ensure that investors and market participants have accurate information about the company's operations and supply chain practices. This transparency is crucial for maintaining trust and providing a clear picture of the company's long-term operational strategies in the automotive sector.