Board Meeting4 Nov 2026, 01:34 pm
Jtekt India Approves Q2 FY27 Un-audited Results, ₹2.4 Cr Solar Project Investment
AI Summary
Jtekt India Ltd announced the outcome of its Board Meeting held on November 4, 2026. The Board approved the un-audited financial results for the second quarter ended September 30, 2026. Additionally, the company resolved to invest up to ₹2,40,00,000 (₹2.4 Crore) in a Special Purpose Vehicle (SPV) to set up a Group Captive Solar Power Project for its manufacturing facilities. This investment represents 26% of the SPV's equity share capital. Agreements related to this transaction will be further intimated.
Key Highlights
- Board approved un-audited financial results for Q2 FY27.
- Company to invest up to ₹2.4 Crore in a solar power SPV.
- Investment is for a 26% equity stake in the SPV.
- The solar project will supply captive power to manufacturing facilities.
Price Impact
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