StockWatch
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Auto Components & Equipments
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.