FilingReader Intelligence

JTEKT India raises INR 25bn through rights issue

July 15, 2025 at 11:51 AM UTCBy FilingReader AI

JTEKT India Limited plans to raise up to INR 25,000 crore through a rights issue of equity shares.

The proceeds will fund a new production facility in Gujarat (INR 11,351 crore), acquire equipment for the Dharuhera plant (INR 5,537 crore), and repay borrowings of INR 2,400 crore, with the remainder for general corporate purposes.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:JTEKTINDIABombay Stock Exchange

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