JBM Auto has acquired 92,500 Equity Shares and 8,84,466 Preference shares from Vivek Travels, a shareholder of VT Emobility (subsidiary Company) and consequently the Company has increased its Equity Share holding from 62% to 99% in VT Emobility with effect from October 27, 2023.
The enhancing shareholding will give more power to manage the Business more efficiently. Through this acquisition the Company has acquired 37% Equity shareholding in VT Emobility.
JBM Auto is the flagship company of JBM Group.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 143.20 |
| UNO Minda | 1165.05 |
| Tube Investments | 2959.65 |
| Bosch | 41807.65 |
| Motherson SumiWiring | 40.17 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: