Josts Engineering Co. Ltd. — AGM Information 2024

Sep 16, 2024

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16[th ] September, 2024

The Secretary BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai— 400001

Dear Sir,

Scrip Code- 505750

Subject: Proceedings of the Annual General Meeting held on 16[th] September, 2024

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, enclosed please find herewith proceedings of the 117[th] Annual General Meeting of the Company held on 16[th] September, 2024.

Kindly acknowledge the receipt and do the needful.

Thanking You,

Yours faithfully, For Jost’s Engineering Company Limited

ROHIT Digitally signed by ROHIT JAIN JAIN Date: 2024.09.16 18:24:48 +05'30'

Rohit Jain Chief Financial Officer

Encl.: As above

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SUMMARY OF PROCEEDINGS OF THE 117[TH] ANNUAL GENERAL MEETING OF THE JOSTS ENGINEERING COMPANY LIMITED HELD ON MONDAY, 16[TH] SEPTEMBER, 2024 THROUGH VIDEO CONFERENCING (“VC”) AND OTHER AUDIO VIDEO VISUAL MEANS (“OAVM”) AT 02:00 P.M.

Mr. Jai Prakash Agarwal (DIN: 00242232), Chairman and Whole Time Director, took the Chair. The directors present at the meeting introduced themselves and with the permission of chairman, leave of absence was granted to Mrs. Babita Kumari, Company Secretary. After ascertaining the requisite quorum was present, the Chief Financial Officer with the permission of the Chairman called the meeting in order. He then informed that the meeting was held through VC/OAVM.

The Chief Financial Officer informed the members that the Statutory Registers maintained as per the Companies Act, 2013, were kept open electronically for inspection by the members during the AGM. With the permission of the Chairman, Notice of the Annual General Meeting was taken as read. He further informed the Members that there were no qualification remarks reported by the Statutory Auditors and Secretarial Auditor in their Audit Report. The Chief Financial Officer appraised the member’s w.r.t. remote e- voting facility and e-voting system during the AGM.

The Chairman addressed the members and briefed on the workings of the Company. On invitation, the Members who were registered as Speaker members, sought their clarification through VC/OAVM. The Chairman responded to the queries of the members and provided clarifications to their satisfaction.

Mr. Akshay Gupta, Proprietor of Akshay Gupta & Co., Company Secretaries, (Membership No. F12960, CP No. 21448) was appointed by the Board as the Scrutinizer for scrutinizing the entire e-voting process i.e. remote e-voting and e-voting during the AGM in a fair and transparent manner.

The Chief Financial Officer informed that the members who have not cast their vote through remote e-voting on the following resolutions as per the Notice of the AGM dated 07[th] August, 2024, may cast their vote through e-voting system provided during the AGM.

Following businesses were transacted at the AGM:

Resolution No.	Resolution	Type of Resolution (Ordinary/Special)
Ordinary Business
1.	To receive, consider and adopt the Audited Standalone Financials Statements of the Company for the financial year ended March 31, 2024 together with the Reports of Director’s and Auditor’s thereon; and the Audited Consolidated	Ordinary Resolution

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Financial Statements of the
Company for the financial year
ended March 31, 2024 together with
report of Auditors thereon.
2. To declare a dividend on Equity Ordinary Resolution
Shares for the financial year ended
March 31, 2024
3. To appoint a director in place of Mr. Ordinary Resolution
Jai Prakash Agarwal (DIN:
00242232), who retires by rotation
at this Annual General Meeting and
being eligible, has offered himself
for re-appointment.
Special
Business
4. To Increase in Authorised Share Ordinary Resolution
Capital of the Company and
Consequential Amendment in
Memorandum of Association of the
Company.
5. To Sub-Division of Equity Shares Ordinary Resolution
from the Face Value of Rs. 2/- Per
Share to Face Value of Rs. 1/- Per
Share
6. To Alteration of Capital Clause of Ordinary Resolution
Memorandum of Association of
Company
7. To Ratify the Remuneration Payable Ordinary Resolution
to the Cost Auditor Appointed by the
Board of Directors of the Company
for the Financial Year 2024-25
8. To Increase in limit of Loan, Special Resolution
Investment, Guarantee or Security
from Rs. 50 Crores to 150 Crores
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It was informed that e-voting results along with consolidated Scrutinizer’s Report shall be informed to the Stock Exchanges and also be placed on the website of the Company as well as on the website of CDSL.

Thereafter, the Chairman thanked all the Members for their participation in AGM. The meeting concluded at 02:28 P.M The E-voting facility was kept open for next 15 minutes to enable the Shareholders to cast their vote.

This is for your information and record.

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Note: This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company.

Thanking You, Yours faithfully For Jost’s Engineering Company Limited

Digitally signed ROHIT JAIN by ROHIT JAIN Date: 2024.09.16 18:26:42 +05'30'

Rohit Jain Chief Financial Officer

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