JTEKT India Limited has informed the Exchange about Copy of Newspaper Publication pertaining to Basis of Allotment of Shares under Rights Issue
JTEKTINDIA · price
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JTEKT India has completed the allotment of 23,116,407 equity shares under its rights issue at Rs. 108.10 per share (face value Rs. 1, premium Rs. 107.10). The Rights Issue Committee approved the allotment on 13th August 2025, raising roughly Rs. 250 crore from eligible shareholders and renouncees. The company published the basis of allotment in Business Standard (English and Hindi) on 14th August 2025, as required under SEBI's ICDR Regulations. This is essentially a procedural disclosure confirming the rights issue has been fully allotted and the process is now complete.
The rights issue is now formally closed and the capital has been raised, which is mildly dilutive for non-participating shareholders but strengthens the company's balance sheet. Existing shareholders who did not subscribe or renounce may see a small dilution in their stake.