StockWatch
·
Auto Components & Equipments
Clarification21 Aug 2026, 04:40 pm

JBM Auto Clarifies News on Subsidiary's Fund-Raising

AI Summary

JBM Auto Limited has issued a clarification regarding a news item published in The Economic Times concerning its subsidiary, JBM Electric Vehicles Private Limited. The company stated that the subsidiary is exploring potential fund-raising opportunities as part of its ordinary business to support growth and expansion. JBM Auto confirmed that there is no material information requiring disclosure at this time and that the company is compliant with all applicable SEBI (LODR) Regulations, 2015. Appropriate disclosures will be made if and when required.

Key Highlights

  • Subsidiary JBM Electric Vehicles is evaluating fund-raising opportunities.
  • No material information requiring disclosure as of date.
  • Company is compliant with SEBI (LODR) Regulations.
  • Further disclosures will be made if necessary.