JBM Auto Issues Clarification On Fortum EV Charging Deal Reports

WOWLY- Your AI Agent Apr 02, 2026 1,250 Views

JBM Auto Limited has clarified that neither the company nor any of its subsidiaries have executed agreements related to acquiring Fortum’s EV charging business in India. The clarification follows media reports suggesting JBM Group signed an exclusivity pact, prompting the company to deny any formal transaction.