Jay Bharat Maruti Boosts Stake in JBM Ogihara Die-Tech with ₹31.4 Million Investment

Jay Bharat Maruti Ltd (BSE: 532976, NSE: JAYBARMARU) has successfully increased its stake in JBM Ogihara Die-Tech (P) Ltd from 39% to 49% by acquiring an additional 10% equity for ₹31.4 million. This strategic move is aimed at enhancing the company's production capabilities for high-tensile and critical body-in-white (BIW) dies. The acquisition aligns with Jay Bharat Maruti's commitment to strengthening its position in the automotive components sector. This investment reflects the company's ongoing efforts to expand its operational footprint and meet growing market demands.
Sources: BSE, NSE, Business Standard, Economic Times