BSECompany Update13h ago · 25 Sept 2026, 10:33 pm

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Jtekt India Ltd · 520057

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Jtekt India Ltd has received a Notice from the Office of the Principal Commissioner regarding a GST department demand for interest and penalty on Supplementary Invoices issued between July 2017 and March 2020.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Jtekt India Ltd - 520057 - Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

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25th Sep, 2026 The BSE Limited National Stock Exchange of India Ltd. Department of Corporate Services Exchange Plaza, 5th Floor, Mumbai 400 001. Mumbai 400 051. Scrip Code - 520057 Symbol – JTEKTINDIA Subject: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 Dear Sirs, In continuation of our previous intimations dated 02nd August, 2024 and 29th Jan, 2026. You are hereby informed that the company has received the Notice from the Office of the Principal Commissioner Plot no. 36-37 Sector-32 Gurugram. The requisite information as per Schedule III under Regulation 30 of the Listing Regulations is given as Annexure - Kindly take the same on 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 Annexure-A Name of the authority Office of the Principal Commissioner Plot no. 36-37 Sector-32 Gurugram Nature and details of the action(s) taken, initiated or The GST department has issued a Notice for filing the order(s) passed appeal with GSTAT against the Demand Order dropped by Commissioner Appeal dated 30th Dec,2025 received on 29th January, 2026 1. Interest on Supplementary Invoices: Interest at applicable rate on Supplementary Invoice issued in respect of price escalation agreed with Customers during the period July- 2017 to March-2020 was demanded under section 50(1) of the CGST act read with rule 88B of CGST rules, by invoking the provision of section 74 of CGST act. 2. Penalty under Section 74(1) of Rs. 2,40,83,954/- 3. Penalty under Section 125 of Rs. 25,000/ Date of receipt of direction or order, including any ad- 25th Sep,2026 @ 11:35 a.m. through E-mail. interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed Interest at applicable rate on Supplementary Invoice or alleged to be committed issued in respect of price escalation agreed with Customers during the period July-2017 to March-2020. The Company's appeal was allowed by the Commissioner (Appeals) and the review committee of the department decided to file the appeal against the Order passed by authority in GSTAT. Impact on financial, operation or other activities of the The Company does not foresee any material listed entity, quantifiable in monetary terms to the extent impact on its financial, or operational or other activities. possible The company is preparing to reply against the notice issued. 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