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Josts Engineering Company LtdDividend/Bonus, 13-08-2025: Corp. Action

13-08-2025 | 10:56 am

Josts Engineering has finalized key terms for its Rights Issue. The company will offer 18.50 lakh new equity shares at ₹270 each, including a ₹269 premium, targeting a raise of up to ₹49.95 Cr. Shareholders on record as of August 20 will be eligible for 5 new shares for every 27 shares held. The rights issue opens on August 29 and closes on September 9. This capital infusion, if fully subscribed, will increase the company's total equity shares from 99.79 lakh to 1.18 crore, enhancing its financial flexibility and supporting future operations.

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