Jamna Auto Industries Limited
360 ONE Mutual Fund bought 25.73 lakh shares of Jamna Auto Industries for ₹32.94 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.
360 ONE Mutual Fund is the mutual fund arm of 360 ONE Asset Management, formerly IIFL Asset Management, part of the 360 ONE group, one of India's largest wealth and asset managers. Launched in 2010, it runs a focused range of equity and hybrid schemes built around a concentrated, research led approach. Its investments are overseen by chief investment officer Anup Maheshwari.