Jamna Auto Industries has received approval for the acquisition of the entire issued share capital of Owen Springs, a company incorporated in England and Wales, from its existing shareholder, OSL Group Holdings, subject to completion of the conditions precedent and other completion formalities as stipulated under the Share Purchase Agreement and applicable laws.
The proposed acquisition is aligned with company's Lakshya – RISE 5000 strategy of expanding into new markets. The acquisition shall strengthen its international presence and is expected to enhance company's access to customers and business opportunities in the United Kingdom and other regions, strengthen its global footprint and market position, and create opportunities for business expansion, operational synergies and long-term value creation. The acquisition is expected to be completed by August 31, 2026. The Board of Directors of the Company, at its meeting held on July 24, 2026, has approved the same.
Jamna Auto Industries is engaged in manufacturing and selling of Tapered Leaf, Parabolic Springs and Lift Axles.
