JTL Defence Limited Receives BSE Trading Approval for Equity Shares Listing on April 27, 2026

JTL Industries Limited's subsidiary JTL Defence Limited has received trading approval from BSE Limited for its equity shares listing. The development marks a significant milestone for the defence subsidiary as it prepares to commence trading operations on the stock exchange.

Trading Approval Details

BSE Limited issued Notice No. 20260423-25 dated April 23, 2026, granting trading approval for JTL Defence Limited's equity shares. The approval covers 1,05,26,315 equity shares of Rs. 10/- each, which will be available for trading from Monday, April 27, 2026.

Parameter Details Notice Number 20260423-25 Notice Date April 23, 2026 Trading Start Date April 27, 2026 Total Shares 1,05,26,315 Face Value Rs. 10/- each Scrip Code 537254 Group XT ISIN Number INE140B01048

Listing Specifications

The equity shares will be listed under the XT Group on BSE and will continue trading in the Trade-to-Trade segment. JTL Defence Limited, formerly known as RCI Industries & Technologies Limited, will participate in the special pre-open session for IPO and other category scrips as per SEBI regulations.

Trading Details Specifications Scrip ID JTLDEFENCE Market Lot 1 Distinctive Numbers 1 to 10526315 Lock-in Shares 1,00,00,000 Lock-in Period Until April 30, 2027 Registered Office New Delhi, Delhi

Share Capital Structure

The total securities comprise two categories of equity shares. The structure includes 5,26,315 fully paid-up equity shares allotted post capital reduction and 1,00,00,000 fully paid-up equity shares allotted on preferential basis to the successful resolution applicant.

Resolution Plan Implementation

The current share structure results from a resolution plan approved under the Insolvency and Bankruptcy Code, 2016. The Hon'ble NCLT New Delhi Bench approved the resolution plan through an order dated October 09, 2025. The plan involved significant changes to the existing share capital structure.

The resolution plan resulted in the cancellation and extinguishment of equity shares held by various categories including promoters, promoter group members, associate companies, subsidiaries, and certain other stakeholders. The existing public shareholders' holdings were reduced to 5% of the fully diluted equity share capital.

Capital Restructuring

Following the resolution plan implementation, the company's issued, subscribed and paid-up share capital changed from Rs. 15,67,64,150/- divided into 1,56,76,415 equity shares to Rs. 10,52,63,150/- divided into 1,05,26,315 equity shares of Rs. 10/- face value each. The company had fixed November 28, 2025, as the record date for giving effect to the resolution plan.

JTL Industries Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI's depository regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Ltd. on April 4, 2026. Company Secretary and Compliance Officer Amrender Kumar Yadav signed and submitted the documentation to ensure compliance with quarterly reporting obligations.

Filing Details: Information Quarter Covered: March 31, 2026 Filing Date: April 4, 2026 Regulation: SEBI Regulation 74(5) Signatory: Amrender Kumar Yadav Designation: Company Secretary & Compliance Officer

Registrar Confirmation

Beetal Financial & Computer Services (P) Ltd., serving as the company's SEBI-approved Registrar and Transfer Agent, issued the compliance certificate dated April 3, 2026. The registrar holds SEBI registration number INR 000000262 and operates as a category I registrar for share transfer services.

General Manager Punit Mittal signed the certificate on behalf of Beetal Financial, confirming that all securities received from Depository Participants for dematerialization during the quarter were properly processed. The certificate validates that securities were confirmed to depositories and listed on relevant stock exchanges.

Dematerialization Process Compliance

The registrar's certificate confirms adherence to key regulatory requirements during Q4 FY26:

Securities received for dematerialization were accepted or rejected within prescribed timelines

All security certificates were properly mutilated and cancelled after verification

Depository names were substituted in the register of members as registered owners within 15 days

Securities were listed on stock exchanges where previously issued securities are traded

Exchange Details: Information BSE Scrip Code: 534600 NSE Symbol: JTLIND Company CIN: L27106CH1991PLC011536

Corporate Information

JTL Industries Limited operates in the steel pipes manufacturing sector with its registered and corporate office located in Chandigarh. The company maintains its stock exchange listings on both BSE and NSE, ensuring compliance with all regulatory frameworks governing listed entities and depository operations.

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