Jamna Auto Industries Ltd. has announced a credit rating upgrade from CARE Ratings Limited, marking a positive development for the automotive components manufacturer. The rating agency communicated this upgrade through a letter dated December 31, 2025, which the company disclosed to stock exchanges on January 01, 2026.

Credit Rating Enhancement Details

CARE Ratings Limited has upgraded the company's long-term bank facilities rating, reflecting improved creditworthiness and financial stability. The upgrade demonstrates the rating agency's confidence in the company's operational performance and financial management.

Regulatory Compliance

The company made this disclosure in accordance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Company Secretary & Head-Legal Praveen Lakhera signed the communication, ensuring proper compliance with regulatory requirements.

Significance of the Upgrade

The rating upgrade from CARE AA-; Stable to CARE AA; Stable represents a notch improvement in the credit quality assessment. This enhancement in credit rating typically indicates stronger financial metrics, improved business fundamentals, and better debt servicing capabilities. The stable outlook suggests that CARE Ratings expects the company to maintain its current credit profile over the rating horizon.

The upgraded rating applies to the company's long-term bank facilities worth ₹90.00 crores, which will likely result in better borrowing terms and enhanced access to credit facilities from financial institutions.

Jamna Auto Industries Limited has successfully completed its postal ballot process for the re-appointment of Mr. R.S. Jauhar as Chairman and Executive Director. The company announced the voting results on December 30, 2025, confirming that shareholders have approved the special resolution with requisite majority through the remote e-voting process.

Voting Results and Shareholder Participation

The postal ballot witnessed significant shareholder participation, with detailed voting patterns across different categories. The voting process was conducted from November 30, 2025, to December 29, 2025, allowing shareholders to cast their votes through the remote e-voting platform provided by National Securities Depository Limited.

Category-wise Voting Breakdown

The voting results demonstrated strong support across all shareholder categories for Mr. Jauhar's re-appointment. Promoter and promoter group showed unanimous support, while public shareholders also voted favorably for the resolution.

Resolution Details and Term

The special resolution pertains to the re-appointment of Mr. R.S. Jauhar (DIN: 00746186) as Whole-time Director designated as Chairman and Executive Director. The appointment is effective for a three-year term commencing January 1, 2026, and concluding December 31, 2028. The resolution also covers the remuneration structure as outlined in the postal ballot notice dated November 12, 2025.

Regulatory Compliance and Process

The postal ballot was conducted in compliance with Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Mr. Ravi Sharma, Practicing Company Secretary and Managing Partner of RSM & Co., served as the scrutinizer for the voting process. The company published newspaper advertisements on November 26, 2025, in Business Standard and Jansatta to notify shareholders about the postal ballot process.

Company Leadership Continuity

With this approval, Jamna Auto Industries ensures leadership continuity under Mr. Jauhar's guidance for the next three years. The overwhelming shareholder support reflects confidence in the company's management and strategic direction. The voting results were signed off by Praveen Lakhera, Company Secretary & Head-Legal, confirming the successful completion of the postal ballot process.