Jay Bharat Maruti Limited — JV/Acquisition, 06-03-2025: Acquisition

Jay Bharat Maruti Limited has acquired an additional 10% equity stake in JBM Ogihara Die-Tech Private Limited (JODT), raising its total holding to 49%. The transaction involved purchasing 2,500,000 shares at a cost of ₹3.14 crore, based on a valuation report, making it a strategic move to enhance production capabilities of high-tensile and critical BIW dies sourced from JODT. This acquisition aligns with JBML’s core operations and is expected to bolster operational efficiency and output for its customer, Maruti Suzuki India Limited.