Jay Ushin’s Board of Director at its meeting held on August 14, 2013, has accorded its consent for exploring capital raising / fund raising alternatives for an amount not exceeding Rs 75 crore, subject to all applicable statutory/ regulatory approvals and appointment of intermediaries, if any and other relevant matters shall be decided by Issue committee of Board constituted for this purpose.
Jay Ushin is a major OE supplier to almost all makers of four wheeler as well as two wheelers in India includes Maruti Suzuki , Hyundai Motors India, General Motors, Honda Siel, Honda Motor Cycle & Scooters Division, Mahindra & Mahindra and Tata Motors.