JTEKT Corporation increases stake in Jtekt India Ltd to 69.36%

Jtekt India Ltd's Promoter, JTEKT CORPORATION has purchased 45738623 equity shares of the company through Scheme of Amalgamation / Merger / Demerger / Arrangement.

With this acquisition, the shareholding of JTEKT CORPORATION has increased from 123821374 (62.3%) to 169559997 (69.36%). The shares were acquired during the period 3/16/2019 to 3/16/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
JTEKT CORPORATION	45738623	3/16/2019 to 3/16/2019	123821374 (62.3%)	169559997 (69.36%)

Shares of the company was last trading in BSE at Rs.115.05 as compared to the previous close of Rs. 110.15. The total number of shares traded during the day was 45226 in over 433 trades.

The stock hit an intraday high of Rs. 115.6 and intraday low of 110.15. The net turnover during the day was Rs. 5167878.

Source : Equity Bulls

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