DSP Mutual Fund bought 7,812,500 shares of Jamna Auto Industries Limited for ₹100.00 Cr at ₹128.00 apiece in a block deal.
A manufacturer of suspension components for commercial vehicles, Jamna Auto Industries produces conventional leaf springs, parabolic leaf springs, air suspensions, and lift axles. Established in 1965, the company has developed specialized expertise in suspension systems that enhance vehicle performance, safety, and durability. It serves major commercial vehicle manufacturers across India through precision engineering and quality manufacturing.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.
