Jtekt India Limited has informed the Exchange regarding Outcome of Committee Meeting held on August 13, 2025 regarding Rights Issue Committee of the Company, at its meeting held today, i.e., on 13th August, 2025, inter-alia, have considered and approved the allotment of 2,31,16,407 fully paid-up equity shares of face value of ₹ 1
JTEKTINDIA · price
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Jtekt India has completed its Rights Issue and allotted 2,31,16,407 equity shares of face value ₹1 each to eligible shareholders and renouncees. The shares were issued at ₹108.10 per share (including a premium of ₹107.10), raising about ₹24,988.84 Lakhs (₹249.89 crores). The issue opened on August 4, 2025 and closed on August 12, 2025, with allotment approved by the Rights Issue Committee on August 13, 2025. The company's paid-up share capital has increased from 25,42,80,483 shares to 27,73,96,890 shares, a rise of roughly 9% in the total share count.
Existing shareholders who did not subscribe will see their holding diluted by around 9%, while those who took up their rights have maintained their stake and gained exposure at the issue price. The company has strengthened its equity base by nearly ₹250 crores, which may support growth plans or reduce debt.