Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 7 May 2024.Powered by Capital Market - Live News

Jupiter Wagons has acquired Bonatrans India (BIPL) for a sum of Rs. 271 crore. This strategic move marks a significant milestone for JWL, positioning it as the first rolling stock manufacturing company to have its own wheel plant. BIPL, situated in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, stands as a distinguished manufacturer of rolling stock wheelsets. With a production capacity of 20,000 Wheels and 10,000 Axles annually, the acquisition promises to bolster JWL`s self-reliance and operational efficiency while reducing dependency on imported wheels. BIPL`s esteemed clientele includes JWL, BEML, Alstom Rail Transportation India, Plasser India and Titagarh Rail Systems.Powered by Capital Market - Live News

The Board of Jupiter Wagons at its meeting held on 20 March 2024 has approved the acquisition of Bonatrans India, which shall eventually become the subsidiary company upon completion of acquisition. Powered by Capital Market - Live News

Jupiter Wagons announced that the Board of Directors of the Company at its meeting held on 19 February 2024, inter alia, have recommended the interim dividend of Rs 0.30 per equity Share (i.e. 3%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 19 February 2024.Powered by Capital Market - Live News