Jamna Auto Industries is set to announce its FY26 financial results and potential dividend recommendations during the upcoming meeting on May 29, 2026. Shareholders should stay tuned for updates regarding the final dividend payout for the fiscal year 2025-2026.
Jamna Auto Industries Limited
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Jamna Auto Industries experienced a significant drop of 11.8%, falling from ₹131.75 to ₹116.25 today. This decrease occurred despite the Sensex's modest decline of 2.6%. The market's caution towards the company is due to valuation concerns, mixed technical signals, and a recent downgrade in rating.
Jamna Auto's subsidiary has been issued a GST show cause notice, demanding approximately ₹10.47 crores, including interest and penalties for the fiscal years 2021-22 to 2023-24. The company is addressing this issue through tax consultants.
Jamna Auto Industries has received an upgrade of its long-term credit rating to AA by ICRA, with a stable outlook. The short-term rating remains A1. The total rated amount is now INR 550 crore, as confirmed by BSE.