JBM Auto proposes 85% dividend, seeks $180m fundraising
JBM Auto Limited will pay a dividend of ₹0.85 per equity share (85%) for the financial year ended March 31, 2025, to shareholders registered on August 27, 2025.
The company is seeking approval to issue securities up to ₹1,500 crores to strengthen its financial position and fund future growth.
Shareholders will also vote on the re-appointment of Dhiraj Mohan as whole-time director for two years from November 5, 2025, with a proposed basic monthly salary of ₹5.46 lakhs. His remuneration for FY 2023-24 was ₹135.17 lakhs.
The decisions will be made at the company's annual general meeting on September 3, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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