JTEKT India promoter holds zero encumbrance for FY26

1 min read     Updated on 30 Jun 2026, 01:02 AM
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JTEKT Bearings India Private Limited disclosed that it holds 10,909 equity shares in JTEKT India Limited as of March 31, 2026. The promoter confirmed that no shares were encumbered directly or indirectly during the financial year 2025-26.

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JTEKT Bearings India Private Limited has confirmed that it holds 10,909 equity shares in JTEKT India Limited, representing 0.004% of the total share capital, as of March 31, 2026. The promoter stated in a regulatory filing that no encumbrance was created on these shares, directly or indirectly, during the financial year 2025-26.

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Ltd. pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the promoter's entire holding remains unencumbered.

Details of shareholding and encumbrance

The following table details the shareholding and encumbrance status of the promoter group for the financial year ended March 31, 2026:

Name of the promoter Promoter holding (No. of shares) % of total share capital Promoter holding already encumbered (No. of shares) Post event holding of encumbered shares (No. of shares) % of total share capital (encumbered)
JTEKT Bearings India Private Limited 10,909 0.004% N.A. 10,909 0.004%

The filing, signed by Tripti, Company Secretary, was submitted on April 7, 2026. JTEKT India Limited is listed on both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) under the symbol JTEKTINDIA.

Historical Stock Returns for Jtekt

1 Day5 Days1 Month6 Months1 Year5 Years
-1.94%-2.87%+12.72%-4.36%+1.69%+33.79%

What strategic role does JTEKT Bearings India Private Limited plan to play in JTEKT India Limited despite its minimal shareholding?

Could this unencumbered status signal potential future acquisitions or increased stake by the promoter group?

How might JTEKT India Limited's financial performance impact the promoter's decision to maintain or alter its shareholding?

JTEKT India receives ₹26.91 lakh tax demand from Haryana

1 min read     Updated on 17 Jun 2026, 04:35 AM
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JTEKT India Limited received a tax demand of ₹26.91 lakh from the Excise and Taxation officer-cum Assessing Authority Gurugram for alleged non-payment of entry tax for financial years 2015-16 to 2017-18. The company stated that the notice, received on June 15, 2026, does not have a material impact on its financials or operations as it intends to file a reply against the order.

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JTEKT India Limited has received a tax demand of ₹26.91 lakh from the Excise and Taxation officer-cum Assessing Authority Gurugram for alleged non-payment of entry tax. The demand covers the financial years 2015-16 to 2017-18 under the Haryana Tax on Entry of Goods into Local Areas Act 2008. The company stated that the notice does not have a material impact on its financials or operations as it is in the process of filing a reply against the order.

The intimation was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The assessment notices were received via email on June 15, 2026. The authority has directed the payment of the tax amount aggregating to ₹26,91,900.

Details of the Demand

The company disclosed the specifics of the tax demand in an annexure to the regulatory filing. The notices cite a violation regarding the non-payment of the Haryana Tax on Entry of Goods into Local Areas.

Authority Excise and Taxation officer-cum Assessing Authority Gurugram (Haryana)
Nature of action Three notices of assessment and demand under Section 9 of the Haryana Tax on Entry of Goods into Local Areas Act 2008
Period Financial years 2015-16 to 2017-18
Demand amount ₹26.91 lakh
Date of receipt June 15, 2026
Alleged violation Non-payment of Haryana Tax on Entry of Goods into Local Areas

JTEKT India maintains that the financial implications are not material given its intent to contest the demand. The company is currently preparing its response to the assessing authority.

Historical Stock Returns for Jtekt

1 Day5 Days1 Month6 Months1 Year5 Years
-1.94%-2.87%+12.72%-4.36%+1.69%+33.79%

What is the likelihood of JTEKT India successfully overturning the tax demand based on precedents for similar cases under the Haryana Tax on Entry of Goods into Local Areas Act?

Could this tax dispute indicate a broader scrutiny of entry tax compliance for other manufacturing companies operating in Haryana?

How might the legal costs and management attention required to contest this demand impact JTEKT India's operational efficiency in the short term?

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