Jamna Auto to acquire UK-based Owen Springs for 2 million pounds

Listed Co AcquisitionStrategic Transactions View source PDF

JAMNAAUTO · price

Loading chart…

▲ 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

+3.3%1-day move

₹130.75

prior close

₹131.74

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.1+0.1+0.6+0.4+3.3—————————

Up moveDown movePending

AI summary

Jamna Auto Industries board approved acquiring 100 percent of Owen Springs Limited, a UK-based leaf and parabolic springs maker, from OSL Group Holdings for 2 million pounds in cash. Target reported 2.76 million pounds revenue and 132 thousand pounds profit for CY2025. Deal expected to close by August 31, 2026. Acquisition supports the company's Lakshya RISE 5000 strategy to expand internationally and strengthen presence in the UK and nearby regions. Not a related party deal; no government approvals needed.

Likely market impact

Small bolt-on acquisition boosting UK presence; aligns with international growth strategy. Modest deal size relative to acquirer.