Jtekt India Limited — Others, 01-08-2025: Shareholders meeting

JTEKT India has issued an addendum to its upcoming 41st Annual General Meeting notice, where it will seek shareholder approval for a revised remuneration package for Wholetime Director Mr. Yosuke Fujiwara. Effective from July 1, 2025, for his remaining tenure, the update adds perquisites like a chauffeur-driven company car for his family, reimbursement of school fees for dependent children, and relocation expenses back to his home country. These benefits, inadvertently missed in the initial approval, align with standard company provisions for senior expatriate officials. His monthly salary remains 4 lakh and rent-free accommodation up to 4.5 lakh. This update ensures a comprehensive compensation structure.