NSECredit Rating8 Jul 2026 · 8 Jul 2026, 02:43 pm
Credit Rating
Jtekt India Limited · JTEKTINDIA
✦ AI SummaryRating Change
Jtekt India Limited has informed the Exchange about Credit Rating. ICRA Limited has reaffirmed long-term bank facilities rating at [ICRA] AA (pronounced ICRA Double A) and the short-term bank facilities rating at [ICRA] A1+ (pronounced ICRA A One Plus) for the company.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment0/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Jtekt India Limited has informed the Exchange about Credit Rating
Attachments (1)
📄pdf
Download →
JTEKTINDIA_08072026144332_Credit_Rating_Intimation.pdf
View document text
8th July, 2026
The Corporate Relationship Department National Stock Exchange of India Ltd.
Mumbai Stock Exchange Exchange Plaza, C-1, Block G
1st Floor, New Trading Ring, Bandra – Kurla Complex, Bandra (E)
Rotunda Building, P.J. Towers Mumbai 400 051.
Dalal Street, Fort, Mumbai 400 001.
Scrip Code - 520057 Symbol – JTEKTINDIA; Series – EQ.
Sub: Intimation of Credit Ratings
Dear Sir,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (the "Regulations"), we hereby inform you that ICRA Limited, vide its letter
number ICRA/JTEKT India Limited/08072026/1 dated 8th July, 2026, have reaffirmed long-term
bank facilities rating at [ICRA] AA (pronounced ICRA Double A) and the short-term bank facilities
rating at [ICRA] A1+ (pronounced ICRA A One Plus).
The aforesaid letter received by the Company from ICRA Limited is enclosed herewith for your
reference and record.
Thanking you,
Yours faithfully,
For JTEKT India Limited
Saurabh Agrawal
Company Secretary
Regd.Office : UGF-6, Indra Prakash, 21, Barakhamba Road, New Delhi – 110 001, India.
Tel : +91 11 23311924 / 2332 7205
CIN : L29113DL1984PLC018415, Website : www.jtekt.co.in
Email : investorgrievance@jtekt.co.in
Works : 38/6, Delhi-Jaipur Road, NH-48. Gurugram – 122 001, Haryana, India.
Tel : +91 124 468 5000
ICRA Limited
ICRA/JTEKT India Limited/08072026/1
Date: July 08, 2026
Mr. Rajiv Chanana
JTEKT India Limited
38/6 Delhi-Jaipur Road,
NH-8, Gurgaon, Haryana – 122001
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of JTEKT India Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating
actions for the mentioned instruments of your company.
Rated
Instrument Amount Rating Action1
(Rs. crore)
[ICRA]AA (Stable); reaffirmed and assigned for enhanced
Long-term – Term loan 509.29
amount
Long-term – Fund-based limits 58.35 [ICRA]AA (Stable); reaffirmed
Long-term/short-term-Fund based/Non-fund
89.00 [ICRA]AA (Stable)/ [ICRA]A1+; reaffirmed
based
Short-term – Fund based 12.50 [ICRA]A1+; reaffirmed
Short-term – non-fund based 20.00 [ICRA]A1+; reaffirmed
Total 689.14
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA
reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the
required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore,
request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or
size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of
the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur
after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review,
following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-
all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under
the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation
to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the
instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may
have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or
postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of
any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority
1 Complete definitions of the ratings assigned are available at www.icra.in.
BuillSdeinngs Nitoiv. i8t,y 2 Lnad bFleolo :r ,R Teoswterirc Ate(cid:3)d (cid:3) (cid:23)(cid:135)(cid:142)(cid:484)(cid:483)(cid:3)(cid:938)(cid:891)(cid:883)(cid:484)(cid:883)(cid:884)(cid:886)(cid:3)(cid:484)(cid:886)(cid:887)(cid:886)(cid:887)(cid:885)(cid:882)(cid:882)(cid:3) (cid:3) (cid:26)(cid:135)(cid:132)(cid:149)(cid:139)(cid:150)(cid:135)(cid:483)(cid:3)(cid:153)(cid:153)(cid:153)(cid:484)(cid:139)(cid:133)(cid:148)(cid:131)(cid:484)(cid:139)(cid:144)(cid:3)
(cid:7)(cid:15)(cid:9)(cid:3)(cid:6)(cid:155)(cid:132)(cid:135)(cid:148)(cid:3)(cid:6)(cid:139)(cid:150)(cid:155)(cid:481)(cid:3)(cid:19)(cid:138)(cid:131)(cid:149)(cid:135)(cid:3)(cid:12)(cid:12)(cid:3) (cid:6)(cid:12)(cid:17)(cid:483)(cid:3)(cid:15)(cid:889)(cid:886)(cid:891)(cid:891)(cid:891)(cid:891)(cid:7)(cid:15)(cid:883)(cid:891)(cid:891)(cid:883)(cid:19)(cid:15)(cid:6)(cid:882)(cid:886)(cid:884)(cid:889)(cid:886)(cid:891)(cid:3) (cid:8)(cid:143)(cid:131)(cid:139)(cid:142)(cid:483)(cid:3)(cid:139)(cid:144)(cid:136)(cid:145)(cid:823)(cid:139)(cid:133)(cid:148)(cid:131)(cid:139)(cid:144)(cid:134)(cid:139)(cid:131)(cid:484)(cid:133)(cid:145)(cid:143)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)
(cid:10)(cid:151)(cid:148)(cid:151)(cid:151)(cid:137)(cid:137)(cid:148)(cid:148)(cid:131)(cid:131)(cid:143)(cid:143)(cid:3)(cid:514)(cid:3)(cid:883)(cid:884)(cid:884)(cid:882)(cid:882)(cid:884)(cid:481)(cid:3)(cid:11)(cid:131)(cid:148)(cid:155)(cid:155)(cid:131)(cid:144)(cid:131)(cid:3) (cid:11)(cid:135)(cid:142)(cid:146)(cid:134)(cid:135)(cid:149)(cid:141)(cid:483)(cid:3)(cid:938)(cid:891)(cid:883)(cid:3)(cid:891)(cid:885)(cid:887)(cid:886)(cid:889)(cid:885)(cid:890)(cid:891)(cid:882)(cid:891)(cid:3)
(cid:21)(cid:135)(cid:137)(cid:139)(cid:149)(cid:150)(cid:135)(cid:148)(cid:135)(cid:134)(cid:3)(cid:18)(cid:136)(cid:136)(cid:139)(cid:133)(cid:135)(cid:483)(cid:3)(cid:5)(cid:486)(cid:889)(cid:883)(cid:882)(cid:481)(cid:3)(cid:22)(cid:150)(cid:131)(cid:150)(cid:135)(cid:149)(cid:143)(cid:131)(cid:144)(cid:3)(cid:11)(cid:145)(cid:151)(cid:149)(cid:135)(cid:481)(cid:3)(cid:883)(cid:886)(cid:890)(cid:481)(cid:3)(cid:5)(cid:131)(cid:148)(cid:131)(cid:141)(cid:138)(cid:131)(cid:143)(cid:132)(cid:131)(cid:3)(cid:21)(cid:145)(cid:131)(cid:134)(cid:481)(cid:3)(cid:17)(cid:135)(cid:153)(cid:3)(cid:7)(cid:135)(cid:142)(cid:138)(cid:139)(cid:3)(cid:883)(cid:883)(cid:882)(cid:882)(cid:882)(cid:883)(cid:484)(cid:3)(cid:23)(cid:135)(cid:142)(cid:484)(cid:483)(cid:3)(cid:938)(cid:891)(cid:883)(cid:484)(cid:883)(cid:883)(cid:484)(cid:884)(cid:885)(cid:885)(cid:887)(cid:889)(cid:891)(cid:886)(cid:882)(cid:486)(cid:886)(cid:883)(cid:3)
RATING ●(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)RESEARCH ●(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)(cid:3)INFORMATION
(cid:3)
from raising funds through issuance of debt securities through electronic bidding system. Further, you are requested to inform us
immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is
exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
Sri Kumar Krishnamurthy Digitally signed by Sri Kumar Krishnamurthy
Date: 2026.07.08 11:30:44 +05'30'
Srikumar Krishnamurthy
Senior Vice President & Co-Group Head, Corporate Ratings
ksrikumar@icraindia.com
Sensitivity Label : Restricted
Annexure
Details of Bank Limits Rated by Instrument Name Amount (Rs. Rating Rating Assigned
ICRA Crore) On
State Bank of India
[Showing first 8,000 characters — download PDF for full document]