JAMNA AUTO INDUSTRIES LTD : UK STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY OF OWEN SPRINGS LIMITED

• Owen Springs Limited, a company incorporated in England and Wales, is now a wholly owned subsidiary of Jamna Auto Industries Limited. • The acquisition provides strategic benefits including the company's first international presence in the aftermarket segment, access to an established brand, customer relationships, and an operating platform in the UK. • The acquisition will also strengthen export business, broaden the product range, and support international recognition and growth of the JAI brand.

Jamna Auto Industries Limited

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