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.

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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