Jamna Auto clarifies dividend payout target in annual report

Jamna Auto Industries Ltd. has released a corrigendum to its annual report for the fiscal year 2024-25 to rectify inadvertent typographical errors. The primary correction addresses statements on page 04 and 05 of the annual report, explicitly adding the word "Payout" after "Dividend" in the company’s financial targets.

The updated target, as stated, is to achieve INR 5,000 crores in revenue, with New Markets (Indian After Market + Export) contributing 40% of revenue, delivering 40% ROCE, and 50% Dividend Payout. Previously, the report simply mentioned "50% Dividend." This clarification ensures accuracy in reporting the company's commitment to shareholder returns. The corrigendum highlights that there were no significant omissions or errors in the broader report.