Key Decision
The Board of Directors of Jamna Auto Industries Limited, at their meeting held on August 07, 2026, approved the setting up of a Leaf Spring Manufacturing Facility at the existing manufacturing plant under M/s. Jai Suspensions Limited, which is a wholly owned subsidiary of the Company.
Meeting Details
The board meeting commenced at 2:45 P.M. and concluded at 4:00 P.M. on August 07, 2026.
Project Details
Proposed Capacity: Setting up of a new Leaf Spring manufacturing facility with a capacity of 1,500 MT per month.
Timeline: Commercial production is expected to start around December 2027.
Investment Required: Approximately ₹47 crore, subject to any increase or decrease by the management.
Mode of Financing: Primarily through internal accruals.
Location: Brownfield expansion at Adityapur, Jharkhand at the existing manufacturing plant of Jai Suspensions Limited.
Rationale
The expansion aims to expand the manufacturing capabilities of the Group by establishing a Leaf Spring Manufacturing Facility. This will enable the subsidiary to cater primarily to OEMs and the aftermarket in East India while leveraging existing infrastructure and operational synergies.