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JASH ENGINEERING LIMITED Capital/Financing Update 2026

Apr 3, 2026

59194_rns_2026-04-03_91b0e4c2-a648-43cc-b11d-e6a36d3f7e25.pdf

Capital/Financing Update

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03.04.2026

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/Madam,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition of Penstocks (UK) Limited, Leicestershire, UK

In continuation to our earlier intimation and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), read with Para A of Part A of Schedule III, we hereby inform you that Waterfront fluid controls Limited UK, a subsidiary of Jash Engineering Ltd, has entered into a definitive agreement on dated 02.04.2026 for the acquisition of 100% stake in Penstocks (UK) Limited, Leicestershire, UK.

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 TUSHAR Digitally signed by TUSHAR KHARP KHARPADE Date: 2026.04.03 Tushar Kharpade ADE 17:25:28 +05'30' Company Secretary & Compliance Officer

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Annexure - 1

Sr.
Particulars Details
No.
1. Name of the target entity Penstocks (UK) Limited, Leicestershire, UK
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;
Penstocks (UK) Ltddesign,
manufacture,
supply,
install
and commission a comprehensive range of penstocks, stop
logs, handstops and valves for water and wastewater
applications.
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 acquisition will help Waterfront to establish a pan UK
presence with operations in Scotland, as well as Midlands.
The major water utility companies in UK are based in Midlands
and South of England and hence this additional presence in
Midlands will reinforce Waterfront ability to support its
clientele in Marketing and Servicing related activities.
Post this acquisition, Penstocks (UK) Ltd becomes step down
subsidiary of Jash Engineering Ltd.
5. Brief
details
of
any
governmental or regulatory
approvals required for the
acquisition;
Not applicable
6. Indicative time period for
completion of the acquisition
On or before 30 June 2026,
7. Consideration

whether
cash
consideration or share swap or
any other form and details of
the same
Cash Consideration – £550,000 for the acquisition of 100%
(Hundred 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 £550,000 for 100%
of the total share capital of the Company.
9. Percentage of shareholding
/ control acquired and / or
number of shares acquired;
100% of share capital ofPenstocks (UK) Ltd
Post this acquisition, Penstocks (UK) Ltd becomes step down
subsidiary of Jash Engineering Ltd. (Post completion of
Acquisition).

TUSHAR Digitally signed by TUSHAR KHARPA KHARPADE Date: DE 2026.04.03 17:29:25 +05'30'

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10. Brief background about the entityin which the shares are acquired: Brief background about the entityin which the shares are acquired:
Products/ Line of business Penstocks (Uk) Ltd design, manufacture, supply, install and
commission a comprehensive range of penstocks, stop logs,
handstops and valves for water and wastewater applications.
With more than 40 years of collective design experience
Penstocks (Uk) Ltd are well placed to offer their clients
affordable engineered solutions to meet bespoke or
standard applications.
Having successfully completed many flagship projects in the
UK and overseas Penstocks (Uk) Ltd is committed to
providing their customers with the best possible engineering
and commercial solutions to meet the operational demands
of the water and wastewater industry both now and in the
future.
Country in which the entity has
presence
and
any
other
significant
information
(in
brief)
UK

TUSHAR Digitally signed by TUSHAR KHARP KHARPADE Date: ADE 2026.04.03 17:29:00 +05'30'

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