NSEGeneral Updates3d ago · 15 Sept 2026, 04:56 pm
General Updates
Jupiter Wagons Limited · JWL
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Jupiter Wagons Limited has informed the Exchange about the incorporation of a subsidiary company, Jupiter Rail Mobility Private Limited, with the company holding 99.9% of the shareholding.
Analysis Scores
Earnings Impact2/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Jupiter Wagons Limited has informed the Exchange about incorporation of a subsidiary
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CEBBCO_15092026165450_SEREG30.pdf
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September 15, 2026
The Corporate Relationship Department, The Manager, Listing Department,
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Bandra (E),
Mumbai - 400 001. Mumbai - 400 051.
Scrip Code: 533272 NSE Symbol : JWL
Sub: Intimation for incorporation of a Subsidiary Company in India
Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”).
Dear Madam/ Sir,
Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the Company has
incorporated a subsidiary company in the name and style of Jupiter Rail Mobility Private Limited, the
intimation of such incorporation has been received today by the Company.
The details as required under the SEBI Listing Regulations read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated 30th January 2026 as amended, are enclosed as
Annexure-A.
This information will also be available on the website of the Company at www.jupiterwagons.com.
Kindly take the same on your record.
Yours Faithfully,
For Jupiter Wagons Limited
Ritesh Kumar Singh
Company Secretary
Corporate Office : 16 Taratala Road, Kolkata - 700088(W.B.) Phone : 033-65229400/01
Regd. Office : 48 Vandana Vihar, Narmada Road, Gorakhpur, Jabalpur - 482001 (M.P.) Phone : 0761-266 1336
Website : www.jupiterwagons.com e-mail : corporate@jupiterwagons.com
Annexure A
Sl. Particulars Details
(a) Name of the target entity, details in brief such Jupiter Rail Mobility Private Limited (JRMPL).
as size, turnover etc. - Authorized Share Capital: ₹ 15,00,000/-
(Rupees Fifteen Lakh only)
- Paid up Share Capital: ₹ 1,00,000/- (Rupees
One Lakh only)
- Turnover: Not Applicable (as operations yet
to start)
(b) Whether the acquisition would fall within The intimation is regarding incorporation of a
related party transaction(s) and whether the subsidiary of Jupiter Wagons Limited.
promoter/ promoter group/ group companies
have any interest in the entity being acquired?
If yes, nature of interest and details thereof
and whether the same is done at “arm’s
length”
(c) Industry to which the entity being acquired Railway and Engineering Industry.
belongs
(d) Objects and impact of acquisition (including Not applicable, as this is incorporation of a
but not limited to, disclosure of reasons for subsidiary Company.
acquisition of target entity, if its business is
outside the main line of business of the listed
entity)
(e) Brief details of any governmental or regulatory Not Applicable.
approvals required for the acquisition
(f) Indicative time period for completion of the
acquisition
(g) Consideration - whether cash consideration or
share swap or any other form and details of the
same
(h) Cost of acquisition and/or the price at which
the shares are acquired
(i) Percentage of shareholding / control acquired Jupiter Wagons limited holds 99.9% of the
and / or number of shares acquired shareholding in JRMPL.
(j) Brief background about the entity acquired in Date of Incorporation – 3rd September, 2026.
terms of products/line of business acquired, Other details of the Company like turnover, etc. do
date of incorporation, history of last 3 years not apply as the company is yet to commence its
turnover, country in which the acquired entity operations.
has presence and any other significant
information (in brief)
Corporate Office : 16 Taratala Road, Kolkata - 700088(W.B.) Phone : 033-65229400/01
Regd. Office : 48 Vandana Vihar, Narmada Road, Gorakhpur, Jabalpur - 482001 (M.P.) Phone : 0761-266 1336
Website : www.jupiterwagons.com e-mail : corporate@jupiterwagons.com