Jay Bharat Maruti Limited — Updates, 06-03-2025: Press Release

Jay Bharat Maruti Limited has increased its stake in JBM OGIHARA Die-Tech (P) Ltd. from 39% to 49% by acquiring equity from its joint venture partner OGIHARA Thailand Co. Ltd. JODT specializes in manufacturing press stamping dies, particularly high-tensile and critical Body in White (BIW) dies, with a turnover of INR 489.65 million for FY23-24. This enhanced stake is expected to bolster JBML's output capability with Maruti Suzuki India Ltd. The existing technology agreement with OGIHARA will remain in effect for the next two years, ensuring continuity in production quality and innovation. This strategic move highlights JBML's commitment to strengthening its operational capabilities and enhancing value for stakeholders.