JTEKT India Limited has received a show cause notice from the GST authorities demanding interest payment of ₹2,00,33,663. The company disclosed this development to the stock exchanges under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 on 19th March, 2026.

Notice Details and Authority

The show cause notice was issued by the Office of the Commissioner of CGST Audit-Gurugram, located at Plot No. 24, Mudit Square, Sector 32, Gurugram-122002, Haryana. The notice was received by the company on 18th March, 2026.

Nature of Violation and Period Covered

The GST department has demanded interest at the applicable rate on debit notes issued by JTEKT India during a four-year period spanning from FY 2020-21 to FY 2023-24. The demand has been raised under Section 74 of the CGST Act, 2017, which deals with determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized.

Company's Response and Financial Impact

JTEKT India has stated that there is no impact on the company's financials, operations, or other activities as it is currently in the process of filing a reply against the show cause notice. The company's position suggests it intends to contest the demand through proper legal channels.

Regulatory Compliance

The disclosure was signed by Saurabh Agrawal, Company Secretary of JTEKT India Limited, and submitted to both BSE Limited and National Stock Exchange of India Ltd. This communication ensures compliance with listing regulations that require companies to inform investors about material developments that could affect their investment decisions.

JTEKT India Limited has announced the opening of a special window for re-lodgement of physical share transfer requests, in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. The initiative aims to provide relief to shareholders whose transfer requests were previously rejected or not processed due to various deficiencies.

Special Window Details

The special window will operate for a period of one year, providing shareholders with an extended opportunity to complete their transfer processes.

Eligibility Criteria

The company has established specific eligibility requirements based on the SEBI circular guidelines. The eligibility matrix clearly defines which cases qualify for processing under this special window.

Process and Requirements

Shareholders seeking to utilize this facility must submit specific documentation to ensure successful processing. The company emphasizes that only previously lodged cases meeting the eligibility criteria will be considered.

Key requirements include:

• Original share certificates must be available
• Transfer deeds executed before April 01, 2019
• Complete KYC documentation
• Other prescribed documents as per SEBI guidelines

Upon successful verification, shares will be transferred in dematerialized form with a mandatory lock-in period of one year from the date of registration of transfer.

Submission Process

Shareholders must submit their documents to the company's Registrar and Share Transfer Agent, KFIN Technologies Limited. The RTA is located at Selenium Tower B, Plot Nos. 31 & 32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad – 500032, India.

Important Exclusions

The company has clarified that certain categories of cases will not be considered under this special window. These include disputes between transferor and transferee, which must be settled through court or NCLT processes, and securities that have been transferred to the Investor Education and Protection Fund (IEPF).

The announcement was signed by Saurabh Agrawal, Company Secretary, and public notices have been published in Business Standard (English) all India editions and Business Standard (Hindi) Delhi edition to ensure widespread awareness among shareholders.