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Commercial Engineers & Body Builders Company Ltd (CEBBCO) is primarily involved in the business of manufacturing metal fabrication comprising load bodies for commercial vehicles, rail freight wagons, and components.
Jupiter Wagons' (JWL) subsidiary JEM Energy secured 100 MW/400 MWh BESS projects in West Bengal, valued at approximately INR 400 crore. This expands JEM's BESS order book to over 500 MWh, exceeding INR 500 crore, targeting INR 1,000 crore. This move diversifies JWL into high-growth energy storage.
Jupiter Wagons secured new orders worth over Rs 211 Cr from JSW Port Logistics and Orissa Alloy Steel. The orders include 7 BOSM rakes for JSW (Rs 147.11 Cr) and 150 wagons for OASPL (Rs 64.16 Cr), strengthening its order book and market position.
Jupiter Wagons' subsidiary, JTRWF, sealed a strategic partnership with Lucchini RS and Simest. Investors will acquire 25%+1 share of JTRWF by subscribing to 111.65 million shares at ₹26/share, injecting ~₹290.3 Cr. This boosts India's private railwheel manufacturing.
Jupiter Wagons partnered with Lucchini RS and SIMEST, who acquired a combined 25% stake in JTRWF for ~€28 million. This establishes India's first integrated private railwheel manufacturing platform, enhancing domestic and export capabilities.
Jupiter Wagons fully acquired Jupiter Tatravagonka Railwheel Factory (JTRWF) for INR 16.53 Cr, securing 100% ownership. JTRWF, a key railway component manufacturer with FY26 turnover of INR 521.64 Cr, is now a wholly-owned subsidiary, deepening JWL's operational integration.