Jtekt India Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 0.75 per equity share.
JTEKTINDIA · price
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JTEKT India Limited reported FY2026 audited results with total income of Rs. 12,605 lakhs and profit before tax of Rs. 10,510.35 lakhs, up from Rs. 10,234.40 lakhs in FY2025. The Board recommended a final dividend of Rs. 0.75 per equity share (75% on face value of Re. 1) for FY2025-26, subject to shareholder approval at the 42nd AGM on 26 August 2026. The company also completed a rights issue in August 2025 raising approximately Rs. 2,498.84 lakhs through issuance of 23,116,407 equity shares at Rs. 108 per share. Multiple director re-appointments were approved including Mr. Minoru Sugisawa as Chairman & Managing Director and Mr. Rajiv Chanana as Wholetime Director.
The dividend remains unchanged at Rs. 0.75 per share year-on-year, maintaining shareholder returns. The rights issue completed last year increased equity capital significantly. The stock is trading ex-rights, and the dividend payment will be completed within 30 days of shareholder approval at the AGM.