Description
NSE announces listing of 23,116,407 equity shares of Jtekt India Limited under rights issue, effective August 18, 2025.
Summary
NSE has approved the listing of 23,116,407 additional equity shares of Jtekt India Limited (Symbol: JTEKTINDIA) under a rights issue. The shares will be available for trading from August 18, 2025, with an issue price of Rs. 108.1 per share.
Key Points
- Company: Jtekt India Limited (JTEKTINDIA)
- Securities: Equity shares of Re. 1/- each
- Number of shares: 23,116,407
- Issue price: Rs. 108.1 per share
- Allotment date: August 13, 2025
- Trading commencement: August 18, 2025
- ISIN: INE643A01035
- Market lot: 1
- Pari Passu: Yes
Regulatory Changes
No regulatory changes introduced. Standard listing procedure under existing NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Securities identified by designated codes for trading purposes
- Trading to be conducted in specified lot sizes
- Shares currently credited under temporary ISIN in dematerialized mode as per SEBI guidelines
Important Dates
- August 13, 2025: Date of allotment
- August 18, 2025: Trading commencement date and circular effective date
Impact Assessment
Moderate impact with addition of over 23 million shares to tradeable float. Rights issue structure indicates existing shareholder participation. No lock-in restrictions provide immediate liquidity. Temporary ISIN arrangement follows standard SEBI protocol for additional share issues.
Impact Justification
Standard rights issue listing with significant volume but routine nature