Josts Engineering Company Ltd — Important, 05-02-2026: Company Update

The company's board has given its nod to sell its XYZ Division to ABC Corp for ₹50 Cr. This segment previously contributed 10% to the company's revenue. This strategic divestment aims to strengthen the balance sheet and sharpen focus on core operations. Investors can see this as a move to unlock value by streamlining the business and improving financial stability, subject to shareholder approval.