ALPHA TRIBE

Josts Engineering Company LtdOthers, 20-08-2025: Others

20-08-2025 | 08:21 pm

The company's Rights Issue Committee has approved revised details for its rights issue, correcting an inadvertent error in previously announced figures. Up to 18,47,913 equity shares will be issued at ₹270 each, aggregating to ₹49.89 Cr assuming full subscription. The net proceeds of ₹49.09 Cr will be primarily used for working capital needs (₹43.58 Cr) and general corporate purposes (₹5.51 Cr). Post-issue, the total equity shares will be 1,18,26,643. No other terms of the rights issue have changed.

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