JBM Auto Approves Q1 FY27 Un-audited Results, Plans ₹1500 Cr Securities Issuance

JBM Auto Ltd announced that its Board of Directors, in a meeting held on July 30, 2026, approved the un-audited financial results for the first quarter ended June 30, 2026 (FY 2026-27), both standalone and consolidated. The board also approved a proposal for the issuance of securities amounting to ₹1,500 Crores, subject to shareholder approval. Additionally, Mr. Nishant Arya was re-appointed as Vice Chairman cum Managing Director for three years, and the continuation of Mr. Praveen Kumar Tripathi's directorship as Non-Executive Independent Director was recommended, both pending shareholder consent. The company also fixed September 16, 2026, as the date for its Annual General Meeting.