Jtekt India Limited has informed the Exchange about Outcome of the Rights Issue Committee meeting of JTEKT India Limited ( the Company ) held on 13th August, 2025
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JTEKT India has completed its rights issue which opened on 4th August 2025 and closed on 12th August 2025. The company has allotted 2,31,16,407 fully paid-up equity shares of face value ₹1 each at an issue price of ₹108.10 per share (including a premium of ₹107.10), aggregating to roughly ₹250 crore. Following this allotment, the paid-up equity share capital of the company has increased from ₹25.43 crore (25.43 crore shares) to ₹27.74 crore (27.74 crore shares). The Rights Issue Committee meeting was held on 13th August 2025 to approve the basis of allotment finalised with KFin Technologies as the registrar.
Existing shareholders will see a dilution of approximately 9.1% in their holdings due to the new shares issued. The company has strengthened its equity base by around ₹250 crore, which may support future growth or be used for debt reduction, though the rights issue price of ₹108.10 represents a cost basis for new investors.