Josts Engineering Company Ltd — Important, 20-08-2025: Company Update

Jost’s Engineering Company Limited is conducting a rights issue of up to 1.85 million equity shares at ₹270 per share, aiming to raise ₹49.89 crore. Eligible shareholders will receive 5 new shares for every 27 held. The net proceeds, approximately ₹49.09 crore, are primarily earmarked for funding working capital requirements (₹43.58 crore) and general corporate purposes (₹5.51 crore). The company, engaged in material handling and engineered products, reported revenues of ₹240.20 crore and a profit of ₹17.54 crore for the recent fiscal year. It maintains a significant order book of ₹210.56 crore.