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JASH ENGINEERING LIMITED Capital/Financing Update 2024

Aug 5, 2024

59194_rns_2024-08-05_4e35670e-1e45-4a22-90fc-39346d2789a5.pdf

Capital/Financing Update

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5[th ] August, 2024

The Manager Listing Department National Stock Exchange of India Limited Bandra Kurla Complex, Bandra (East) Mumbai – 400 051

Symbol: JASH

CORPORATE ANNOUNCEMENT

Dear Sir/ Ma’am,

This is to inform you as under:

  • 1) In the month of July 2024, the consolidated orders received by the Company are worth Rs. 107 Cr, which is the highest monthly order booking achieved by the company till date.

We also received our single largest order from Hongkong worth over Rs. 34 crores for Yuen Long Barrage which is a major flood alleviation project being executed in Hongkong.

Of the total orders worth Rs. 107 Cr received in July, orders worth Rs. 38 Cr are for Indian market and orders worth Rs. 69 Cr are for markets outside India.

The significant contributors to the monthly order booking of July 2024 are Welspun – Mumbai & Larsen & Toubro - Chennai from India and Atal Engineering – Hong Kong, Astra Engineering - Thailand and CCW Raw Water Weir Improvements - USA from international market.

    1. As on 1[st] August 2024 the total consolidated order book position of the company is Rs. 939 Cr out of which orders worth Rs. 327 Cr are for Indian market and orders worth Rs. 612 Cr are for markets outside India.

Out of the consolidated orders worth Rs. 612 Cr for markets outside India, Rs. 365 Cr worth orders are for USA market, Rs. 21 Cr are from Waterfront-UK and remaining Rs. 226 Cr constitute orders for rest of the world.

Order booking of Waterfront-UK is Rs. 26 Cr, of which the company owns 80% stake.

    1. As on 1[st] August 2024, consolidated orders worth Rs. 60 Cr have been negotiated with clients and formal purchase orders are awaited. Out of this Rs. 34 Cr are for Indian market and Rs. 26 Cr are for projects outside India.

After negotiating an order, it may take up to 2 months to receive a formal Purchase Order from the client. Once a Purchase Order is received, we remove its value from the list of “negotiated orders” and move it to list of order received in a given month and add it to the total outstanding consolidated order book position of the Company.

Digitally Tushar signed by Tushar Kharpade Kharp Date: ade 2024.08.05 11:12:47 +05'30'

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    1. The Lease deed for the new land taken for expansion of SEZ Unit 4 plant has been registered in July and with this we are now going ahead with plans to construct a new 64,000 sq feet facility to manufacture Stainless steel products for the growing export market. The construction of this plant will start in October 2024 and the plant will be commissioned by November 2025. This plant will be constructed at a tentative cost of Rs 15-16 crores inclusive of land and at its peak production capacity will contribute upto Rs. 100 Cr to company revenue.

This is for your information and for the public at large.

Thanking You,

Yours Faithfully,

For JASH Engineering Limited

Tushar Digitally signed by Tushar Kharpa Kharpade Date: 2024.08.05 de 11:13:09 +05'30'

Tushar Kharpade

Company Secretary & Compliance Officer

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