JAMNAAUTONSEJamna Auto Industries Limited· Auto AncillariesLowNeutral
Announced Tue, 26 May · 12:50 IST

Jamna Auto Industries Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

JAMNAAUTO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+5.2%1-day move
₹117.78
prior close
₹124.10
base price
In-mkt
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AI summary

Jamna Auto Industries Limited is seeking shareholder approval via postal ballot for the re-appointment of Mr. Gautam Mukherjee as an Independent Director for a second term of 5 years (May 31, 2026 to May 30, 2031). His current term expires on May 30, 2026. Mr. Mukherjee, 68, has been on the Board since May 2021 and brings extensive experience in banking, industrial finance, and the automobile sector, having worked at SBI, Economic Times, ICICI Bank, and ING Vysya Bank. He was also President-Finance at the company from 2008-2012. He currently holds 64,000 equity shares and attended all 4 Board meetings last year. The e-voting period runs from June 1 to June 30, 2026, with results to be announced within 2 working days after.

Likely market impact

This is a routine governance matter. The re-appointment of an experienced independent director like Mr. Mukherjee, who fulfills all independence criteria, is expected to maintain board stability and continuity. Given his background in finance and the auto industry, shareholders are likely to approve this resolution.