JAMNAAUTO · price
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Jamna Auto Industries' board, meeting on February 13, 2026, approved its unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2025, along with the statutory auditor's limited review reports (unmodified opinion). The board also cleared an investment of about Rs. 81.68 lakh to acquire up to 26% equity in Fourth Partner Energy Pvt Ltd, a solar power company, to secure renewable energy for the Yamuna Nagar plant under the Group Captive Scheme. Additionally, it approved setting up a new parabolic springs manufacturing facility in Pithampur, Madhya Pradesh through its wholly owned subsidiary Jai Automotive Components Ltd, with proposed annual capacity of 21,600 MT, investment of around Rs. 170 crore funded through internal accruals, and commercial production targeted around March 2028.
The financial results themselves are routine, but the decisions signal a forward-looking capex push—Rs. 170 crore for capacity expansion to meet rising demand for parabolic springs, plus a small step into captive renewable energy that could reduce long-term power costs. For shareholders, the key takeaway is management's confidence in demand growth, with no related-party concerns flagged and investments being financed internally rather than through debt.