JBM Auto has declared the merger of JBM Auto System and JBM MA Automotive with itself with effective from January 01, 2020. Now onwards, JBM Auto will be the merged entity.
The post-merger revised Authorized Share Capital of the Company is Rs 136 crore consisting of 25,20,00,000 Equity Share Capital of Rs 5 each and 1,00,00,000 Preference Shares of Rs 10 each.
The post-merger revised Paid-up Equity Share Capital of the Company is Rs 23,64,94,265 consisting of 47298853 Equity Shares of Rs 5 each.
JBM Auto is the flagship company of JBM Group.
