Jtekt India Limited has informed the Exchange about Copy of Newspaper Publication for Opening of Rights Issue
JTEKTINDIA · price
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Jtekt India Limited has announced the opening of its Rights Issue via newspaper advertisements published on August 4, 2025, in Financial Express (English) and Jansatta (Hindi). The company is issuing up to 2,31,16,407 fully paid-up equity shares of face value Rs. 1 each at a price of Rs. 108.10 per share (including a premium of Rs. 107.10), aggregating to roughly Rs. 250 crore at full subscription. The Issue opens on Thursday, August 7, 2025, and closes on Tuesday, August 12, 2025. The promoters — Jtekt Corporation, Jtekt Column Systems Corporation, and Maruti Suzuki India — are backing the issue. The Letter of Offer was dispatched to eligible shareholders on July 29, 2025.
Eligible shareholders as on the record date can subscribe to the Rights Equity Shares in the ratio applicable to them at Rs. 108.10 per share. Failure to act by the closing date will result in dilution of holdings, though shares may be traded on-market. The stock may see short-term price pressure as the ex-rights date approaches.