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Josts Engineering Company LtdImportant, 27-08-2025: Company Update

27-08-2025 | 12:26 pm

Jost's Engineering has announced a Rights Issue to raise up to ₹49.89 Cr (assuming full subscription). The company will issue 18.48 lakh new shares at ₹270 each. Eligible shareholders can subscribe for 5 new shares for every 27 shares held, based on the August 20, 2025 Record Date. The issue opens on August 29, 2025, and closes on September 09, 2025. Applications must be made via the ASBA process. Fractional entitlements will be ignored, with preferential consideration for additional share applications, offering existing shareholders a chance to increase their stake.

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