Jtekt India Limited — Important, 01-07-2025: General Updates

JTEKT India’s subsidiary, JTEKT Sona Automotive India (now merged), received an income tax notice regarding alleged unassessed transactions totaling INR 1,149.2 Cr for FY 2018-19. The company has responded and will continue to engage with tax authorities. There is currently no financial impact, penalty, or operational disruption expected from this order.