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JBM Auto acquires stake in VT Emobility

30 Oct 2023 Evaluate

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.

JBM Auto Share Price

646.75 -6.35 (-0.97%)
27-Aug-2026 12:45 View Price Chart
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