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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

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.
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.
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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