Jamna Auto promoters increase shareholding to 50% in company

The promoters of Jamna Auto Industries, India’s market leader in automotive suspension solutions with shares listed in BSE and NSE, have been increasing their holding in the company. As per the shareholding pattern of the company for the September 2019 quarter, the total promoter and promoter group holding was 47.88% which increased to 49.37% in the June 2020 quarter. The promoters have purchased further shares in August – September 2020 increasing their stake to 50% in the company.