JTL Defence Limited has scheduled a meeting of its Board of Directors for Wednesday, October 14, 2026. The primary agenda is to consider and approve a proposal for fund raising through the issue of equity shares via a rights issue.

The company informed the BSE that this decision follows the Board Meeting Outcome dated June 3, 2026. The intimation was made pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading window status

The company stated that the trading window for dealing in its securities is already closed. It will remain closed until 48 hours after the declaration of un-audited financial results for the quarter and half year ended September 30, 2026. This measure aligns with the company's Code of Conduct for Prohibition of Insider Trading, framed under SEBI (Prohibition of Insider Trading) Regulations, 2015.

The filing was signed by Pranav Singla, Managing Director, on October 10, 2026.

JTL Defence Limited achieved its highest-ever quarterly sales volume of 356 MT in the second quarter of fiscal year 2027, reflecting robust demand across its key segments.

The company, a manufacturer and trader of non-ferrous metal products, disclosed that the volume comprised 205 MT from manufacturing sales and 151 MT from job work. This represents an 18.67% increase compared to the 300 MT recorded in Q1FY27.

Volume performance breakdown

The growth in Q2FY27 was supported by higher job work volumes alongside steady demand in copper wires, strips, foils, and other alloy-based products. The following table outlines the quarterly volume trajectory:

Management commentary

Pranav Singla, Managing Director of JTL Defence, stated that the record volume was driven by increased job work activities and consistent demand. He noted that the company remains focused on expanding its presence in the defence, electrical, and industrial sectors while strengthening customer relationships.

The management emphasized plans to increase the share of value-added products in the portfolio and improve manufacturing capabilities to sustain the growth momentum observed during the quarter.

About JTL Defence

Formerly known as RCI Industries and Technologies Limited, the company operates its manufacturing facility in Baddi, Himachal Pradesh. Its diversified portfolio includes copper strips and foils, brass strips, stainless steel foils, and phosphorous bronze strips, catering to domestic markets as well as international regions including the Middle East and Africa.