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JASH ENGINEERING LIMITED — Capital/Financing Update 2026
Jan 16, 2026
59194_rns_2026-01-16_99601aab-0805-4489-8302-98c4d1dc5352.pdf
Capital/Financing Update
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16.01.2026
| The Manager Listing Department National Stock Exchange of India Limited Bandra Kurla Complex, Bandra (East) Mumbai – 400 051 Symbol: JASH |
The Manager Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 544402 |
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|---|---|---|
Dear Sir/ Ma’am,
Ref.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Sub: Intimation for Amendment of Share Purchase Agreement (SPA) dated December 11, 2025, entering into Amendment Agreement dated January 15, 2026 in relation to acquisition pursuant to the Share Purchase Agreement, between Jash Engineering Limited and existing shareholders ( WesTech Engineering, LLC), and Remaining Shareholders (as defined under the Share Purchase Agreement dated 11th December 2025) ) of M/s. WesTech Process Equipment India Private Limited and M/s. WesTech Process Equipment India Private Limited (the “Company”).
We hereby inform you that Long Stop Date for acquisition of 90% of the issued, subscribed and paid up share capital of the Company constituting to 53,99,849 equity shares of the Company constituting 90% (Ninety percent) of the total share capital of the Company shall be 23[rd] January 2026 and all references to the Long Stop Date shall be construed accordingly and acquisition value shall stand revised at Rs. 29,11,40,750/- and all references to the acquisition value/purchase consideration shall be construed accordingly.
The relevant information as required under Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 are provided at Annexure 1 .
This is for your information and records.
Thanking You,
Yours Faithfully,
For JASH Engineering Limited TUSH AR Digitally signed by TUSHAR KHARPADE Date: 2026.01.16 KHAR 17:07:28 +05'30' PADE Tushar Kharpade
Company Secretary & Compliance Officer
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Annexure 1
| Sr. | ||
|---|---|---|
| Particulars | Details | |
| No. | ||
| 1. | Name of the target entity, details in brief such as size, turnover etc.; |
Name of the entity: WesTech Process Equipment India Private Limited. Paid Up Capital: Rs. 5,99,98,490/- Turnover of the Company as on 31.03.2025: Rs. 56.01 Crore |
| 2. | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” |
No, the acquisition is not a related party transaction. None of the Promoter/Promoter group/Group companies have any interest in the said acquisition. The acquisition is done at an arm’s length basis. |
| 3. | Industry to which the entity being acquired belongs; |
Company is engaged in the business of providing equipment and systems to the process industry, covering diverse fields like mineral processing, alumina refinery, paper and pulp industry, and chemical and cellulosic industry. |
| 4. | Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity); |
This strategic acquisition marks our entry into the fast- growing industrial process equipment segment. This acquisition also enables Jash to enter industrial segments such as Mining, Metal and Paper. Post this acquisition, WesTech Process Equipment India Private Limited becomes subsidiary of JASH Engineering Limited. |
| 5. | Brief details of any governmental or regulatory approvals required for the acquisition; |
Not applicable |
TUSHA Digitally signed by TUSHAR R KHARPADE Date: KHARP 2026.01.16 17:07:51 ADE +05'30'
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| 6. | Indicative time period for completion of the acquisition |
On or before 23rdJanuary 2026 |
|---|---|---|
| 7. | Consideration – whether cash consideration or share swap or any other form and details of the same |
Cash Consideration – Rs. 29,11,40,750/- for acquisition of 53,99,849 equity shares of the Company constituting 90% (Ninety percent) of the total share capital of the Company. |
| 8. | Cost of acquisition and/or the price at which the shares are acquired; |
Aggregate cost of Acquisition not exceeding Rs. 29,11,40,750/- for 90% of the total share capital of the Company. |
| 9. | Percentage of shareholding / control acquired and / or number of shares acquired; |
90% of share capital of WesTech Process Equipment India Private Limited. Remaining 10% of share capital of the Company shall be acquired as per SPA dated 11.12.2025, Tranche 2 Closing Date. WesTech Process Equipment India Private Limited becomes subsidiaryof JASH EngineeringLimited(Post Acquisition). |
| 10. | Brief background about the entityin which the shares are acquired: | |
| Products/ Line of business | The Company is engaged in the business of offering consultation services and solutions for designing / supervising for commissioning of plant and machinery for mineral processing, alumina refinery, paper and pulp industry and chemical and cellulosic industry, along with supplyofprocess equipment to such industries. |
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| Date of incorporation | 13.12.2010 | |
| History of last 3 years turnover | As on 31.03.2024 - Rs. 46.93 Cr. As on 31.03.2023 - Rs. 42.76 Cr. As on 31.03.2022 - Rs. 31.28 Cr. |
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| Country in which the entity has presence and any other significant information (in brief) |
India |
For JASH Engineering Limited
TUSHAR Digitally signed by TUSHAR KHARPA KHARPADE Date: 2026.01.16 DE 17:08:08 +05'30'
Tushar Kharpade
Company Secretary & Compliance Officer
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