In continuation to its letter dated 26th May, 2021, on the subject, pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 JTEKT India has informed that the Company has announced a Voluntary Retirement Scheme (VRS) for its eligible employees. An update on the financial impact will be communicated upon conclusion of the Scheme.
The above information is a part of company’s filings submitted to BSE.