JTEKT India Limited has received a Show Cause Notice from the Office of the Regional Provident Fund Commissioner (Exemption) of Employees? Provident Fund Organisation, Gurugram. Name of the authority: Office of the Regional Provident Fund Commissioner (Exemption) of Employees?

Provident Fund Organisation, Gurugram. Nature and details of the action(s) taken, initiated or order(s) passed: Office of the Regional Provident Fund Commissioner (Exemption) of Employees? Provident Fund Organisation (EPFO), Gurugram has issued the Show Cause Notice against M/s. JTEKT India Limited and has directed to deposit an amount of INR 1,629,662 with the authority within the prescribed time limit for using the previous year surplus/reserves of EPF Trust to match the statutory interest in the Financial Year 2015-16.

The Company will take appropriate steps after evaluation of details of the matter. Details of the violation(s)/contravention(s) committed or alleged to be committed: Adjustment of losses of EPF Trust in Fiscal Year 2015- 16 against previous year surplus/reserves of EPF Trust.