Subsidiary16 Jul 2026, 02:07 pm
JBM Auto Subsidiary Incorporates Greenpath Mobility Ventures
AI Summary
JBM Auto Ltd announced the incorporation of its step-down subsidiary, Greenpath Mobility Ventures Private Limited (GMVPL), through its subsidiary JBM Ecolife Mobility Private Limited. GMVPL was incorporated on July 15, 2026, with an authorized share capital of ₹15,00,000 and a paid-up capital of ₹1,00,000. The company's primary objective is to participate in government tenders for operating electric and CNG buses and to engage in the supply and maintenance of public transport vehicles. GMVPL is a wholly-owned subsidiary of JBM Eco and has not yet commenced business operations.
Key Highlights
- JBM Auto's subsidiary JBM Ecolife Mobility incorporated Greenpath Mobility Ventures.
- GMVPL is a wholly-owned step-down subsidiary.
- Focus on electric and CNG bus operations and public transport vehicles.
- Incorporated with ₹15 Lakh authorized and ₹1 Lakh paid-up capital.
- Business operations yet to commence.
Price Impact
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