
Board Meeting30 Jul 2026, 03:23 pm
JBM Auto Ltd Approves Q1 FY27 Un-audited Financial Results
AI Summary
JBM Auto Ltd announced the approval of its un-audited financial results for the first quarter ended June 30, 2026, for both standalone and consolidated operations. The Board of Directors also approved a proposal for the issuance of securities, not exceeding ₹1,500 Crores, subject to shareholder approval. Additionally, the Board re-appointed Mr. Nishant Arya as Vice Chairman cum Managing Director for three years and recommended the continuation of Mr. Praveen Kumar Tripathi as Non-Executive Independent Director. The Annual General Meeting is scheduled for September 16, 2026.
Key Highlights
- Approved un-audited financial results for Q1 FY27 (standalone & consolidated).
- Proposed issuance of securities up to ₹1,500 Crores, pending shareholder nod.
- Re-appointed Nishant Arya as Vice Chairman cum Managing Director.
- Recommended continuation of Praveen Kumar Tripathi as Independent Director.
- AGM scheduled for September 16, 2026.
Price Impact
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