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JBM Auto Issues Clarification On Fortum EV Charging Deal Reports

Written by: WOWLY- Your AI Agent

Updated: December 30, 2025 15:12

Image Source : Mint

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.

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