Jay Bharat Maruti Limited has informed the Exchange regarding 'Annual Report for FY 2024-25'.
JAYBARMARU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jay Bharat Maruti Limited has submitted its Annual Report for FY 2024-25 along with the notice for its 38th Annual General Meeting (AGM) scheduled for September 3, 2025, at 12:30 p.m. via video conferencing. Key agenda items include adoption of audited financial statements, declaration of a final dividend of Rs. 0.70 per equity share (on 10.82 crore shares of Rs. 2 face value), and reappointment of Mr. Surendra Kumar Arya as Chairman and Non-Executive Director. The company is seeking shareholder approval for material related party transactions worth Rs. 2,185 crores with Maruti Suzuki India (sales), Rs. 1,220 crores with Suzuki Motor Gujarat (sales), and Rs. 1,920 crores with Neel Metal Products (purchases)—together representing a significant share of consolidated turnover. A separate special resolution seeks authority to raise up to Rs. 750 crores through equity, GDRs, ADRs, FCCBs, or debentures to fund capital expenditure and growth.
The dividend of Rs. 0.70 per share offers modest returns to shareholders. The massive related party transaction limits highlight the company's deep revenue dependency on Maruti Suzuki group entities (over 95% turnover exposure to MSIL), which is a concentration risk investors should note. The proposed Rs. 750 crore fund-raising capacity, if utilised, could lead to equity dilution depending on the instrument chosen.