Jamna Auto (JAMNAAUTO) — Board Meeting

📢 Key Event
Board approved acquisition of Owen Springs Limited

🔄 What Changed
Approved acquisition of Owen Springs Limited

🔮 What's Next
Acquisition likely to be completed by August 31, 2026

💡 Investor Takeaway
This acquisition expands Jamna Auto's international footprint into the UK market.

Jamna Auto Industries announced its board approved a £2 million cash acquisition of 100% of Owen Springs Limited, a UK-based leaf spring manufacturer, to advance its Lakshya RISE 5000 strategy and expand into European markets. The deal requires regulatory approvals and is expected to close by August 31, 2026, with no related party interests involved.

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About Jamna Auto Industries Limited (JAMNAAUTO)

Automobile and Auto Components · Auto Ancillaries · Listed on NSE

Market Cap: ₹4,829.42 Cr P/E: 20.6 ROE: 23.5% ROCE: 25.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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