Jtekt India Limited has informed the Exchange about General Updates
JTEKTINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jtekt India Limited has informed the stock exchanges that it received an Assessment Order from the Deputy Commissioner of Income Tax, Circle 13(1), New Delhi, dated 21st March 2026, for FY 2022-23. The order pertains to its erstwhile subsidiary JTEKT Fuji Kiko Automotive India Limited (JFIN), which was merged with Jtekt India with effect from 1st April 2022 pursuant to an NCLT order dated 12th December 2023. The tax department noted that since JFIN's income has already been subsumed in Jtekt India's income, no separate addition or assessment survives in JFIN's case. The company has stated there is no financial, operational, or other impact on Jtekt India due to this order.
This is a neutral to mildly positive disclosure — the tax authority effectively acknowledged that no separate tax assessment is needed for the merged subsidiary. There is no financial impact on Jtekt India, and the news is unlikely to move the stock price meaningfully.