Scheme becomes effect from 01 January 2020
JBM Auto announced that the merger of JBM Auto System and JBM MA Automotive with the JBM Auto is effective from 01 January 2020. JBM Auto will be the merged entity.The post-merger revised Authorized Share Capital of the Company is Rs. 136 crore consisting of 25,20,00,000 Equity Share Capital of Rs. 5 each and 1,00,00,000 Preference Shares of Rs. 10 each.
The post-merger revised Paid-up Equity Share Capital of the Company is Rs. 23,64,94,265 consisting of 47298853 Equity Shares of Rs. 5 each.
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