Pursuant to Regulation 30 read with Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Jtekt India has informed that the Company has on Monday, 2nd May, 2022, introduced a Voluntary Retirement Scheme (VRS) for its permanent eligible employees / workers of the Company. 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.