JTEKT India Limited has announced a key leadership appointment in its Production Administration Department. The company's Board of Directors approved the appointment of Mr. Gagan Puri as Function Head - Production Administration Department on March 26, 2026.

Appointment Details

The appointment becomes effective from April 1, 2026, with Mr. Puri being designated as Senior Managerial Personnel of the company. This decision was communicated to both BSE Limited and National Stock Exchange of India Limited in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background

Mr. Gagan Puri brings substantial experience to his new role, with 28 years of overall professional experience. His association with JTEKT India Limited spans 15 years, having joined the company in June 2011 as Deputy Manager. He currently serves as Deputy General Manager in the PA Department.

His educational background includes a B.Tech in Mechanical Engineering, providing him with the technical foundation for his role in production administration.

Key Strengths and Expertise

Mr. Puri's appointment is supported by his demonstrated capabilities across multiple areas:

• Leadership Excellence: Proven track record in leading teams and initiatives
• Strategic Vision: Ability to develop and implement long-term strategies
• Functional Expertise: Deep understanding of production administration processes
• Analytical Skills: Strong problem-solving and analytical capabilities

These core strengths have been instrumental in driving the company's Production Administration initiatives throughout his tenure.

Regulatory Compliance

The appointment follows all necessary regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided complete disclosure as required under Regulation 30 read with Schedule III of the regulations. Mr. Puri has no relationships with other directors and is not debarred from holding office.

This information has been made available on the company's website at http://www.jtekt.co.in , ensuring transparency and accessibility for all stakeholders.

JTEKT India Limited has received an Assessment Order from the Income Tax Authority for FY 2022-23, as disclosed in a regulatory filing under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Assessment Order Details

The company received the Assessment Order on March 21, 2026, from the Deputy Commissioner of Income Tax, Circle -13(1), New Delhi. The order pertains to the assessment for FY 2022-23 and addresses matters related to the company's subsidiary merger.

Subsidiary Merger Context

The Assessment Order relates to JTEKT Fuji Kiko Automotive India Limited (JFIN), a subsidiary of JTEKT India Limited. JFIN merged with its holding company JTEKT India Limited effective April 1, 2022, following the National Company Law Tribunal's order dated December 12, 2023.

During the assessment proceedings for FY 2022-23, the Income Tax Authority documented that JFIN had already merged with JTEKT India Limited as of the appointed date of April 1, 2022. Consequently, JFIN's income has been subsumed and considered within JTEKT India's income for the assessment period.

No Financial Impact

The company has explicitly stated that there is no impact on its financial, operational, or other activities due to this Assessment Order. The tax department's documentation confirms that no separate addition or assessment survives in the case of JFIN, as its income has already been consolidated with the parent company's assessment.

Regulatory Compliance

JTEKT India Limited has fulfilled its disclosure obligations by informing the stock exchanges about this development. The company filed the requisite information as per Schedule III under Regulation 30 of the Listing Regulations, ensuring transparency with stakeholders and regulatory authorities.