JTEKT India Limited has secured a significant legal victory in its GST dispute, with the Commissioner Appeal CGST Gurgaon allowing the company's appeal against substantial tax demands and penalties. The automotive components manufacturer received the favorable order on January 14th, 2026, marking the resolution of a major tax dispute.

Appeal Details and Financial Impact

The company had filed an appeal with the Commissioner Appeal CGST office to set aside a GST demand and penalty imposed by GST authorities under section 74 of the CGST Act. The appeal has been allowed in full by the Commissioner Appeal.

Regulatory Compliance and Communication

JTEKT India Limited has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company communicated the development to both BSE Limited and National Stock Exchange of India Ltd through Company Secretary Saurabh Agrawal.

The regulatory filing included comprehensive details as per Schedule III requirements:

Business Operations Continuity

The successful resolution of this GST dispute eliminates a significant contingent liability for JTEKT India Limited. The company has confirmed that there is no financial impact following the favorable order, indicating that the appeal's success has removed the burden of the substantial tax demand and penalty.

This development allows the automotive components manufacturer to continue its operations without the overhang of this tax dispute, providing clarity on its regulatory standing with GST authorities.

JTEKT India Limited has issued a clarification to BSE regarding the recent significant increase in trading volume of its shares, stating that the surge is purely market-driven with no undisclosed price-sensitive information.

BSE Inquiry and Company Response

The clarification came in response to BSE's letter dated January 6, 2026, seeking explanation for the significant volume increase in the company's scrip across exchanges. BSE had raised concerns about the unusual trading activity and requested information about any potential factors driving the volume surge.

Company's Position on Volume Movement

JTEKT India categorically stated that there is no information or announcement, including any impending announcement, that could have a bearing on the price or volume behavior of the company's scrip. The company emphasized that whatever increase in volume is purely due to market conditions and is absolutely market-driven.

The key points of the company's clarification include:

• No undisclosed price-sensitive information exists
• Management has no connection with the volume increase
• The surge is entirely due to market conditions
• No pending announcements that could impact trading

Regulatory Compliance Statement

The company reaffirmed its commitment to regulatory compliance, stating that it has been regularly disseminating unpublished price-sensitive information in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This statement underscores the company's adherence to transparency requirements and timely disclosure practices.

Corporate Communication

The clarification was signed by Saurabh Agrawal, Company Secretary of JTEKT India Limited. The company maintains its registered office at UGF-6, Indra Prakash, 21, Barakhamba Road, New Delhi, with manufacturing operations at Delhi-Jaipur Road, Gurugram, Haryana.

This clarification demonstrates the company's proactive approach to addressing market inquiries and maintaining transparency with regulatory authorities and investors regarding unusual trading patterns in its securities.