Jtekt India Limited — Important, 15-07-2025: Updates

JTEKT India plans a Rights Issue of up to ₹250 Cr to fund strategic growth initiatives. Proceeds will primarily support a new production facility in Gujarat (₹113.51 Cr) and equipment for the Dharuhera plant (₹55.37 Cr), alongside repaying ₹24 Cr in borrowings. This move aims to expand product offerings like CVJs and strengthen market position in western India. The company reported FY25 net profit of ₹73.45 Cr on total income of ₹2409.01 Cr, with a net worth of ₹879.88 Cr. Promoters JTEKT Corp and JCS intend to fully subscribe to their entitlements, signaling strong backing.