Company History - JBM Auto
1990 - JBM Auto Ltd was incorporated to manufacture Tools, Dies and
Moulds at Faridabad.
1993 - The company had started a press shop for manufacturing of
sheet metal components and Welded Sub-assemblies to meet the growing
stringent quality requirements of automobile industry.
-The company went for its first public issue in March, 1994.
-The company decided to go for expansion by putting up a green field
project at Greater Noida and expansion of its existing facilities at
Faridabad by adding sophisticated machinery and equipments, which
brings in latest technologies.
-Company has changed its name from JBM Auto Components Ltd. to JBM
-Company again decided to go for expansion by putting up a new
manufacturing unit at Nashik.
-Board of directors of the company on 28th July 2007 had recommended
the issue of Bonus Shares in the ratio of 2:1.
-Board of directors of the company had revised the bonus issue ratio
from 2:1 to 1:2.
-JBM Auto had changed its registered office with effect from 1st
August 2007, from Lado Sarai, opposite to Qutab Minar, New Delhi to
Nehru Place, New Delhi.
-Company had fixed 25th October 2007, as record date for issue of
bonus shares in the ratio of 1:2.
-The company had entered into a 50:50 Joint Venture with Magnetto
Automotive S.P.A. (ITALY) for manufacture of skin panels, body and
under body, welded parts and sub systems for four wheeler OEMs in
-Further company had entered into a Joint Venture Agreement with
Sandhar Technologies Limited with 50:50 stake to form a consortium
for operating and maintaining the tool room and technical service
centre of Pithampur Auto Clusters Limited (PACL).
-JBM Auto acquires 73.89% equity stake of Thyssenkrupp JBM.
-Investment in New Joint Venture Company, JBM Ogihara Automotive
-The Company appointed Mr. Nishant Arya as Director of the Company.
-The Company has recommended a dividend @ 15% (i.e. Rs. 1.50 per
-The Company has recommended a dividend @ 20% (i.e. Rs. 2.00 per
-The Company has recommended a dividend @ 15% (i.e. Rs.1.50 per
-JBM Auto Ltd has recommended a dividend @ 20% (i.e. Rs. 2.00 per
-JBM Auto Ltd has recommended a dividend @ 30% (i.e. Rs. 3/- per
-JBM Auto has announces bonus in the ratio of 1:1
-JBM Auto has splits its face value from Rs 10/- to 5/-
-JBM Solaris to invest Rs 300 cr towards Electric Mobility in India