JBM Auto shareholders approve all resolutions at 29th AGM

JBM Auto Limited announced the successful approval of all eight resolutions at its 29th Annual General Meeting (AGM) held on September 3, 2025. The meeting, conducted virtually, saw shareholders overwhelmingly endorse the company's proposals, with voting results disclosed on September 5, 2025.

Key approvals included the adoption of the Audited IND AS Financial Statements for the fiscal year ended March 31, 2025, and the declaration of a Final Dividend of INR 0.85 per equity share for 2024-25. Dhiraj Mohan was re-appointed as a director, and his re-appointment as whole time director was also approved. Furthermore, the ratification of remuneration payable to cost auditors for FY2025-26 and the approval for the issuance of securities received shareholder consent. The appointment of the secretarial auditor and the approval of material related-party transactions with Neel Metal Products Limited were also passed.

Overall, 198,229,464 votes were polled from a total of 236,494,264 shares, representing an 83.82% polling rate. The resolutions passed with significant majorities, indicating strong shareholder confidence in the company's governance and strategic direction.