JTL Defence Limited has issued a notice regarding an upcoming meeting of its Right Issue Committee scheduled for Tuesday, November 17, 2026. This meeting follows the board of directors' approval received on Wednesday, October 14, 2026 for a rights issue of fully paid-up equity shares.
The rights issue involves equity shares of face value ₹10 each for an amount not exceeding ₹24.60 crores. The committee meeting will consider, discuss, and decide various matters related to the rights issue, including:
- Determination of the Rights Issue price and related payment mechanism
- Rights entitlement ratio
- Record date for the rights issue
- Timing of the rights issue
- Other related matters
The rights issue is subject to receipt of in-principle approval from the stock exchanges where the company's securities are listed and any other required regulatory authorities. The issuance is being conducted in accordance with the Companies Act, 2013 (as amended), SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (as amended), and other applicable laws.
This intimation is issued pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended).
The notice is signed by Devangna Jain, Company Secretary and Compliance Officer (Membership No. A49863), who digitally signed the document on November 12, 2026 at 17:26:16 IST.