Jay bharat maruti Limited has filed a follow-up intimation with stock exchanges on February 06, 2026, regarding the previously announced resignation of its Nominee Director Mr. Rajiv Gandhi. The company had initially informed exchanges on January 31, 2026, about Gandhi's resignation effective February 05, 2026.

Director Resignation Details

Mr. Rajiv Gandhi (DIN: 07231734) serves as the Nominee Director representing Maruti Suzuki India Limited (MSIL), a joint venture partner of the company. His resignation took effect from the close of business hours on February 05, 2026.

Compliance Timeline and Follow-up

The company filed a follow-up intimation on February 06, 2026, in compliance with the timelines specified in para 14.1 of the Industry Standards Note on Regulation 30 of Listing Regulations. Company Secretary Shubha Singh (ICSI M. No.- A16735) signed both the original intimation dated January 31, 2026, and the follow-up communication.

Replacement Process

MSIL has already nominated a new nominee director to replace Mr. Rajiv Gandhi on the board. The proposal for the appointment of the new nominee director will be presented to the Board of Directors at the upcoming board meeting, following the recommendation of the Nomination & Remuneration Committee.

Regulatory Compliance

The company has fulfilled its disclosure obligations under SEBI regulations by providing the requisite information to both the National Stock Exchange of India Limited (Scrip Code: JAYBARMARU) and BSE Limited (Scrip Code: 520066). The disclosure includes all mandatory details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Jay Bharat Maruti Limited has issued a formal clarification to BSE Limited regarding a significant increase in the trading volume of its securities. The company's response, dated January 05, 2026, addresses BSE's inquiry about unusual volume activity in the stock.

Company's Official Response

In its communication to BSE, Jay Bharat Maruti stated that there is no information or announcement, including any impending announcement, that could have a bearing on the price or volume behavior of its scrip. The company emphasized that all such information requiring disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been appropriately shared.

Compliance and Disclosure Standards

The company has categorically stated that it has not withheld any material or price-sensitive information that could influence the volume or price behavior of its scrip. Jay Bharat Maruti highlighted its track record of making timely disclosures under Regulation 30 of the Listing Regulations and committed to continuing this practice for any price-sensitive information that may affect share trading.

Market-Driven Volume Attribution

Jay Bharat Maruti attributed the increased trading volumes purely to market-driven factors and prevailing market conditions. The company clarified that the volume surge is not related to any internal developments or undisclosed corporate actions. This statement aims to provide transparency to investors and market participants regarding the recent trading activity.

Regulatory Compliance Commitment

The company reaffirmed its commitment to disseminating price-sensitive information to stock exchanges in a timely manner. Jay Bharat Maruti also stated that such information will continue to be made available on the company's website for shareholder information, ensuring comprehensive disclosure across all communication channels.

The clarification was signed by Company Secretary Shubha Singh and submitted to BSE Limited as part of the company's regulatory compliance obligations under the SEBI Listing Regulations.