JBM Auto subsidiary establishes new company TL Ecolife Mobility

JBM Auto Limited said that its fully-owned subsidiary JBM Ecolife Mobility has founded a wholly-owned subsidiary called TL Ecolife Mobility Private Limited.

TL Ecolife Mobility will be engaged in undertaking business in the automotive sector. It is yet to begin its business operations.

The newly incorporated company has an authorized share capital of INR 5 lakhs and paid-up share capital of INR 5 lakhs.

JBM Auto subsidiary JBM Ecolife Mobility establishes new company TL Ecolife Mobility. Logo courtesy of JBM Group.

JBM Auto, which is a part of the Indian conglomerate JBM Group, manufactures a variety of auto components. These include contract manufacturing, chassis and suspension systems, BIW, tubular products, pedal boxes, and safety critical components