Date: 16 July, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results

Not Specified

Disinvestment / Strategic Actions

JBM Ecolife Mobility Private Limited (a subsidiary/joint venture of JBM Auto Limited) has incorporated Greenpath Mobility Ventures Private Limited as a wholly-owned subsidiary on 15 July, 2026.

Details of the New Entity:

  • Name: Greenpath Mobility Ventures Private Limited
  • Date of Incorporation: 15 July, 2026 at 10:30 PM
  • Incorporating Authority: Ministry of Corporate Affairs (MCA)
  • Authorized Share Capital: ₹15,00,000 (Rupees Fifteen Lakh Only)
  • Paid-up Share Capital: ₹1,00,000 (Rupees One Lakh Only) - 10,000 equity shares of ₹10 each
  • Current Status: Yet to commence business operations
  • Ownership: 100% held by JBM Ecolife Mobility Private Limited

Transaction Details:

  • Acquisition Method: 100% subscription in share capital through cash investment
  • Consideration: ₹1,00,000 (paid-up capital amount)
  • Related Party Status: Not applicable - no promoter/promoter group/group company interest
  • Government Approvals: Not applicable
  • Timeframe: Acquisition completed with incorporation on 15 July, 2026

Strategic Purpose:

Greenpath Mobility Ventures Private Limited has been incorporated to:

1. Participate/apply for obtaining tenders from various state governments relating to the running, supply, operation, and maintenance of buses (electric buses/CNG buses etc.)

2. Carry on business related to supply, operation, maintenance, dealers etc. of public transport type motor vehicles, motor buses etc.

Background Information:

  • Country of Operation: India
  • Registration: Registrar of Companies, NCT of Delhi & Haryana
  • Historical Performance: No historical turnover as entity is newly incorporated and yet to commence operations

Other Operational / Legal / Strategic Disclosures

This disclosure is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular dated 30 January 2026.