ALPHA TRIBE

Josts Engineering Company LtdBoard Meeting, 13-08-2025: Board Meeting

13-08-2025 | 10:52 am

Josts Engineering's Rights Issue Committee has approved the final terms for its Rights Issue, aiming to raise up to ₹49.95 Cr. The company will issue 18,50,000 new equity shares at ₹270 each. Eligible shareholders will be offered 5 new shares for every 27 shares held, based on a set record date. The issue will have a specified opening and closing period. This capital raise is intended to support the company's operations and strengthen its financial position, offering existing shareholders an opportunity to maintain their stake.

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