Josts Engineering Company Ltd — Important, 20-09-2025: Company Update
20-09-2025 | 12:13 pm
20-09-2025 | 12:13 pm
Jost's Engineering Company has successfully completed its Rights Issue, attracting strong investor demand with a net subscription of 135.69%. The company allotted 18,47,913 fully paid-up equity shares at ₹270 each, effectively raising approximately ₹49.89 Cr. This capital infusion is set to bolster the company's financial standing. Allotment processes are complete, with shares credited to demat accounts. The new shares have received listing approval from BSE, and trading permission is now pending. Investors should note these shares will exclusively trade in dematerialized form.
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