JBM Auto Ltd
JBM Auto Ltd Company History
JBM Auto is engaged in the automotive business that manufactures and sell sheet metal components, tools, dies & moulds and buses including sale of spare parts, accessories & maintenance contract of Buses.
1994
The company went for its first public issue in March, 1994.
1994
2003
The company decided to go for expansion by putting up a green field project at Greater Noida and expansion of its existing facilities at Faridabad by adding sophisticated machinery and equipments, which brings in latest technologies.
2003
2005
Company has changed its name from JBM Auto Components Ltd. to JBM Auto Ltd.
2005
2006
Company again decided to go for expansion by putting up a new manufacturing unit at Nashik.
2006
2007
Board of directors of the company on 28th July 2007 had recommended the issue of Bonus Shares in the ratio of 2:1.
Board of directors of the company had revised the bonus issue ratio from 2:1 to 1:2.
JBM Auto had changed its registered office with effect from 1st August 2007, from Lado Sarai, opposite to Qutab Minar, New Delhi to Nehru Place, New Delhi.
Company had fixed 25th October 2007, as record date for issue of bonus shares in the ratio of 1:2.
2007
2008
The company had entered into a 50:50 Joint Venture with Magnetto Automotive S.P.A. (ITALY) for manufacture of skin panels, body and under body, welded parts and sub systems for four wheeler OEMs in Pune region.
Further company had entered into a Joint Venture Agreement with Sandhar Technologies Limited with 50:50 stake to form a consortium for operating and maintaining the tool room and technical service centre of Pithampur Auto Clusters Limited (PACL).
2008
2009
JBM Auto acquires 73.89% equity stake of Thyssenkrupp JBM.
Investment in New Joint Venture Company, JBM Ogihara Automotive India Ltd.
The Company appointed Mr. Nishant Arya as Director of the Company.
2009
2010
The Company has recommended a dividend @ 15% (i.e. Rs. 1.50 per share).
2010
2011
The Company has recommended a dividend @ 20% (i.e. Rs. 2.00 per share).
2011
2012
The Company has recommended a dividend @ 15% (i.e. Rs.1.50 per share).
2012
2013
JBM Auto Ltd has recommended a dividend @ 20% (i.e. Rs. 2.00 per share).
2013
2014
JBM Auto Ltd has recommended a dividend @ 30% (i.e. Rs. 3/- per share).
JBM Auto has announces bonus in the ratio of 1:1
JBM Auto has splits its face value from Rs 10/- to 5/-
2014
2016
JBM Solaris to invest Rs 300 cr towards Electric Mobility in India
2016
2020
Jbm Auto Bags Order For Supply Of 116 Buses From Delhi Integrated Multi-Modal Transit System.
2020
2021
JBM Auto bags order from DTC for supply of 700 BS-VI compliant AC low-floor CNG buses.
2021
2022
The Company has splits its face value from Rs. 5/- to Rs. 2/-.
2022