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JASH ENGINEERING LIMITED — Capital/Financing Update 2026
Jan 12, 2026
59194_rns_2026-01-12_36c5da3e-ace2-462d-8826-d5a5e3c7e82f.pdf
Capital/Financing Update
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12[th] January 2026
To,
| 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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Sub: Intimation about formation of “Rodney Hunt Mahr Industries” in Saudi Arabia ( fully owned subsidiary of Jash Engineering Ltd., India)
Dear Sir/ Madam,
With reference to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to announce about formation of company in the name of “ Rodney Hunt Mahr Industries” in Saudi Arabia. In this regard commercial registration certificate have been received. This will be fully owned subsidiary of Jash Engineering Ltd., India.
Based on the formation of this company we now plan to apply for Industrial land in Dammam 3 Industrial area. We expect to get the land allotted to us by March 26 and subject to that we expect to commence construction of plant by July 26. The plant is expected to be ready in 10-12 months time and subsequently the commercial production in Saudi Arabia is planned to be started by 1st July 2027.
Saudi market for Water, Waste Water, Desalination and Storm Water is poised to grow substantially in future and our local presence as a manufacturer will gives us preference in purchase as well as price preference against non-Saudi suppliers. This will also help Indian EPC contractors like Wabag / L&T / Tecton and many others to buy from us as it will help them to meet the localisation targets mentioned in tenders.
With this development we expect to become by 2030 a major player in the Saudi market with revenue in excess of Rs 100 crores. We may also use the Saudi plant for supply within GCC countries depending upon advantages we can accrue in future as a supplier from within GCC.
The setting up of a company in Saudi, the ongoing acquisition process of Penstock UK and Westech Process Equipment India is a result of our proactive response and action to mitigate constantly changing and uncertain American business situation.
We are confident that the uncertainty we face in USA can relatively be off- set by these steps we are taking.
You are requested to kindly take the same on your record.
Thanking You,
Yours Faithfully, For JASH Engineering Limited PRATIK Digitally signed by PRATIK PATEL Date: 2026.01.12 PATEL 12:05:53 +05'30' Pratik Patel Chairman & Managing Director
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