Jtekt India Ltd

Meeting Details

• Board meeting scheduled for 4 November 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited financial results for the quarter ended 30 September 2026.

Other Notes

• Trading window will remain closed until 6 November 2026.

Compliance status

• Details of dematerialised/rematerialised securities for the quarter furnished to all stock exchanges by the RTA.
• Certificate confirms compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

GST regulatory notice and penalties

• GST department issued a notice to file a GSTAT appeal against the Demand Order (dated 30 Dec 2025).
• Notice received on 29 January 2026.
• Interest on supplementary invoices for price escalation July 2017 to March 2020.
• Penalties: Rs 2,40,83,954 under Section 74(1) and Rs 25,000 under Section 125.
• Appeal to GSTAT; department to file; company to reply; no material impact anticipated.
• Date of receipt: 25 Sep 2026 11:35 a.m.

JTEKT India Limited: Trading Window closed from 1 October 2026 till 48 hours after the declaration of un-audited financial results for the quarter ending 30 September 2026

AGM Details

• AGM held on 26-08-2026 at 11:30 AM IST via VC/OAVM.
• Record date not disclosed.

Key Resolutions & Outcomes

• Resolution 1 (Ordinary): Adoption of financial statements and board reports; passed.
• Resolution 2 (Ordinary): Declaration of dividend for the year; passed.
• Resolution 3 (Ordinary): Re-appointment of Yosuke Fujiwara; passed.
• Resolution 4 (Special): Re-appointment of Minoru Sugisawa as Chairman & Managing Director; passed.
• Resolution 5 (Special): Re-appointment of Rajiv Chanana as Whole-time Director; passed.
• Resolution 6 (Special): Re-appointment of Masahiko Morimoto as Non-Executive Independent Director; passed.
• Resolution 7 (Special): Revision in remuneration of Yosuke Fujiwara; passed.
• Resolution 8 (Special): Re-appointment of Yosuke Fujiwara as Whole-time Director; passed.
• Resolution 9 (Special): Increase in borrowing power under Section 180; passed.
• Resolution 10 (Ordinary): Related party transactions with Maruti Suzuki India Limited; passed.
• Resolution 11 (Ordinary): Related party transactions with JTEKT Corporation; promoter group approved; passed.

Dividend

• Dividend proposed/declared; per-share amount not disclosed.

Director Changes

• Yosuke Fujiwara: Re-appointed as Director (retiring by rotation).
• Minoru Sugisawa: Re-appointed as Chairman & Managing Director.
• Rajiv Chanana: Re-appointed as Whole-time Director.
• Masahiko Morimoto: Re-appointed as Non-Executive Independent Director.
• Remuneration: Yosuke Fujiwara's remuneration revised.

Auditors

• No auditor appointment changes disclosed.

Material Related Party Transactions

• RPT with Maruti Suzuki India Limited: Ordinary approval.
• RPT with JTEKT Corporation: Ordinary approval; promoter group approved.

Other Significant Approvals

• Borrowing power increased under Companies Act, 2013.

AGM Details

• AGM held on 26-08-2026 at 11:30 AM IST via VC/OAVM.
• Voting cut-off date for shareholders: 19 August 2026.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adopt Audited Financial Statements and Board reports; Passed.
• Resolution 2 (Ordinary): Declaration of dividend for year; Passed.
• Resolution 3 (Ordinary): Re-appointment of Yosuke Fujiwara; Passed.
• Resolution 4 (Special): Re-appoint Minoru Sugisawa as Chairman & Managing Director; Passed.
• Resolution 5 (Special): Re-appoint Rajiv Chanana as Whole-time Director; Passed.
• Resolution 6 (Special): Re-appoint Masahiko Morimoto as Non-Executive Independent Director; Passed.
• Resolution 7 (Special): Revision in remuneration of Yosuke Fujiwara; Passed.
• Resolution 8 (Special): Re-appoint Yosuke Fujiwara as Whole-time Director; Passed.
• Resolution 9 (Special): Increase borrowing power under Section 180(1)(c); Passed.
• Resolution 10 (Ordinary): Approve related party transactions with Maruti Suzuki India Limited; Passed.
• Resolution 11 (Ordinary): Approve related party transactions with JTEKT Corporation; Passed.

Dividend details

• Dividend for year ended March 31, 2026 approved.

Directors / governance changes

• Fujiwara re-appointed as Whole-time Director.
• Sugisawa appointed as Chairman and Managing Director.
• Chanana appointed as Whole-time Director.
• Morimoto appointed as Non-Executive Independent Director.
• Fujiwara remuneration revised as part of approvals.

Auditors

• No auditor appointments or changes disclosed.

Material related party transactions

• Approval to enter into material related party transactions with Maruti Suzuki India Limited.
• Approval to enter into material related party transactions with JTEKT Corporation.

Borrowing and other approvals

• Borrowing power increased under Section 180(1)(c) of the Companies Act, 2013.

AGM Details

• AGM held on 26 August 2026 at 11:30 AM via VC/OAVM; concluded 12:37 PM.
• Quorum of 242 shareholders present.

Ordinary Business

• Adoption of Audited Financial Statements for year ended 31 March 2026.
• Declaration of dividend on equity shares for year ended 31 March 2026.
• Re-appointment of Yosuke Fujiwara who retires by rotation.

Special Resolutions

• Re-appointment of Minoru Sugisawa as Chairman & Managing Director.
• Re-appointment of Rajiv Chanana as Wholetime Director.
• Re-appointment of Masahiko Morimoto as Non-Executive Independent Director.
• Revision in remuneration of Yosuke Fujiwara, Wholetime Director.
• Re-appointment of Yosuke Fujiwara as Wholetime Director.
• Increase in borrowing power under Section 180(1)(c).
• Approval to enter into material related party transactions with Maruti Suzuki India Limited.
• Approval to enter into material related party transactions with JTEKT Corporation.

Voting Status

• Voting results will be announced within two working days.
• Results will be displayed at the registered office and on the company website.

Auditors

• Statutory Auditors expressed unqualified opinion on 2025-26 financial statements.

RPT compliance certificate

• Certificate dated 14 May 2026 certifies compliance with Industry Standards for proposed RPTs.
• Audit Committee reviewed the certificate at its meeting on 14 May 2026.
• Certificate will be available on the company website.