Subsidiary24 Apr 2026, 10:52 am
JTL Defence Gets BSE Trading Approval for 1.05 Cr Shares
AI Summary
JTL Industries Ltd's subsidiary, JTL Defence Limited (formerly RCI Industries & Technologies Limited), has received trading approval from the BSE for 1,05,26,315 equity shares of ₹10 each. The shares will be available for trading from April 27, 2026, under the XT Group in the Trade-to-Trade segment. This includes shares allotted post capital reduction and on a preferential basis, following the approval of a resolution plan under the Insolvency and Bankruptcy Code, 2016.
Key Highlights
- JTL Defence receives BSE trading approval for 1,05,26,315 equity shares.
- Trading commences on April 27, 2026, under XT Group.
- Shares include those allotted post-capital reduction and on preferential basis.
- Resolution plan approved by NCLT, New Delhi on October 9, 2025.
- Existing equity share capital of promoters and others was cancelled.
Price Impact
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