JBM Auto Subsidiary Incorporates Greenpath Mobility Ventures Private Limited
JBM Auto Limited has announced the incorporation of a new subsidiary named Greenpath Mobility Ventures Private Limited (GMVPL). The entity was established on July 15, 2026, as a wholly owned subsidiary of JBM Ecolife Mobility Private Limited (JBM Eco), which itself operates as a subsidiary and joint venture of JBM Auto Limited.The newly formed company is registered in India with the Registrar of Companies for NCT of Delhi and Haryana. While the registration process is complete, Greenpath Mobility Ventures Private Limited is currently prepared to commence its business operations.
Greenpath Mobility Ventures Private Limited was established with specific operational objectives focused on public transport. The entity is intended to participate in and apply for tenders from various state governments related to the running, supply, operation, and maintenance of buses, including electric and CNG models. Furthermore, it will engage in businesses concerning the supply, operation, and maintenance of public transport type motor vehicles and other types of motor buses.
The financial structure of the new subsidiary is detailed in the table below.
| Particulars | Details |
|---|---|
| Entity Name | Greenpath Mobility Ventures Private Limited |
| CIN | U49221HR2026PTC147915 |
| Authorized Share Capital | Rs. 15,00,000 |
| Paid-up Share Capital | Rs. 1,00,000 |
| Number of Equity Shares | 10,000 equity shares of Rs. 10 each |
The company confirmed that JBM Eco holds 100% shareholding in Greenpath Mobility Ventures Private Limited through a cash subscription for the total share capital.
JBMA Stock Price Movement
JBM Auto Limited shares today slipped by 0.29% to settle at ₹679.25. The stock traded with a volume of 155,166 shares as the price moved from an intraday low of ₹677.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.