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Jupiter Wagons completes acquisition of Bonatrans India

21 Mar 2024 Evaluate

Jupiter Wagons has completed the acquisition of Bonatrans India by entering into Share Purchase Agreement with existing shareholders, which is approved by the Board of Directors of Bonatrans India on March 20, 2024. Post acquisition, the Bonatrans India has become the Subsidiary Company of Jupiter Wagons.

This Strategic Investment for acquisition of Bonatrans India marks an important milestone in our business growth expansion plans. Bonatrans India situated in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, stands as a distinguished manufacturer of rolling stock wheelsets. With a production capacity of 20,000 Wheels and 10,000 Axles annually, the acquisition promises to bolster Jupiter Wagons’ self-reliance and operational efficiency while reducing dependency on imported wheels. Bonatrans India’s esteemed clientele includes JWL, BEML, Alstom Rail Transportation India., Plasser India and Titagarh Rail Systems.

Jupiter Wagons is a leading company providing complete mobility solutions with a rich legacy of over four decades.

Jupiter Wagons Share Price

277.75 -7.55 (-2.65%)
24-Apr-2026 13:13 View Price Chart
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