News

JBM Auto Limited clarified on Friday, August 21, 2026, that a news report in The Economic Times relates to JBM Electric Vehicles Private Limited, a subsidiary, which continuously evaluates strategic initiatives including potential fund-raising opportunities, but that there is no material information requiring disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.

JBM Auto has received affirmation in credit ratings from CRISIL for bank facilities of Rs 2020 crore at CRISIL A; Stable / CRISIL A1.

JBM Auto announced that the 30th Annual General Meeting(AGM) of the company will be held on 16 September 2026.

JBM Auto will hold a meeting of the Board of Directors of the Company on 30 July 2026.

JBM Electric Vehicles (JBMEV) has signed an MoU with Drivn, an electric commercial vehicle leasing platform for supplying 500 ultra-modern electric luxury buses. This is yet another step by the company towards fostering innovation in green public mobility and decarbonisation aligned with the company`s Net Zero 2040 commitment.Under the terms of the agreement, JBM EV will deliver 500 electric buses equipped with advanced technology and features designed to provide a comfortable, safe and eco-friendly travel experience for passengers. The deployment of these e-buses has been planned in phases over the next one year. The initial rollout will focus on luxury intercity coaches with fleet operators across India, supported through an integrated offering that includes long-term vehicle financing, maintenance and charging infrastructure solutions. The model enables fleet operators to transition to electric buses without significant upfront capital investment, while simplifying vehicle ownership and lifecycle management. Both companies will also explore opportunities in other segments such as school transportation, employee mobility and airport transit services.