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Jamna Auto Industries Ltd. — Capital/Financing Update 2024
Jun 20, 2024
59193_rns_2024-06-20_3b7a1b98-3d9f-47b2-8b4c-b2920f4b6b5b.pdf
Capital/Financing Update
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Jamna Auto Industries Ltd.
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June 20, 2024
To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Plot no. C/1, G Block, Mumbai- 400001 Maharashtra Bandra-Kurla Complex, Bandra (E) Mumbai - 400051, Maharashtra BSE Code: 520051 NSE Code: JAMNAAUTO
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir,
Please refer to our previous disclosure dated May 24, 2024 regarding setting up of the new manufacturing facility at Indore. We hereby update that, the project will be set up under M/s. Jai Automotive Components Limited, Wholly owned Subsidiary of the Company.
The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July, 2023 is annexed in Annexure-A.
Thanking you,
For Jamna Auto Industries Limited
Digitally signed Praveen by Praveen Lakhera Lakhera Date: 2024.06.20 17:48:47 +05'30'
Praveen Lakhera Company Secretary & Head-Legal
Branch Off: Unit No. 408,4[th] Floor, Tower-B, Vatika Mindscapes, Sector-27D, NH2, Faridabad-121003(HR.) Tel. 0129-4006885 Regd Office: Jai Spring Road, Yamuna Nagar (Haryana)-135001, India | Tel: +91-l732-251810 Website: www.jaispring.com | E-mail: [email protected] | CIN: L35911HR1965PLC004485 YAMUNA NAGAR | MALANPUR | CHENNAI | JAMSHEDPUR | PANTNAGAR | HOSUR | PUNE
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Jamna Auto Industries Ltd.
Annexure A
| Annexure A | ||
|---|---|---|
| Sr.No. | Details of events that need to be informed | Information of such events |
| 1 | Existing Capacity | Nil |
| 2 | Existing Capacity Utilization | Nil |
| 3 | Proposed Capacity | The annual capacity proposed is 30,000MTsubjecttochangebythemanagement. |
| 4 | Period within which the proposed capacity isto be added | Commercial production is expected to bestart around January, 2026. |
| 5 | Investment required | Proposed investment required is aroundRs.126 crore subject to any increase ordecrease by the management. |
| 6 | Mode of financing | From internal accruals. |
| 9 | Rational | To enhance the capacity to cater to theneeds of growing demand for parabolicsprings. |
Digitally signed Praveen by Praveen Lakhera Lakhera Date: 2024.06.20 17:49:17 +05'30'
Branch Off: Unit No. 408,4[th] Floor, Tower-B, Vatika Mindscapes, Sector-27D, NH2, Faridabad-121003(HR.) Tel. 0129-4006885 Regd Office: Jai Spring Road, Yamuna Nagar (Haryana)-135001, India | Tel: +91-l732-251810 Website: www.jaispring.com | E-mail: [email protected] | CIN: L35911HR1965PLC004485 YAMUNA NAGAR | MALANPUR | CHENNAI | JAMSHEDPUR | PANTNAGAR | HOSUR | PUNE