Josts Engineering Co. Ltd. — Capital/Financing Update 2025

Sep 16, 2025

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To, BSE Limited Phiroze Jeejeebhoy Towers, 1[st] floor Dalal Street, Mumbai – 400 001 BSE Scrip Code: 505750

September 16, 2025

Sub: Outcome of the meeting of the Rights Issue Committee of Josts Engineering “ ” Company Limited (the Company ) held on Tuesday, September 16, 2025Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”)

Dear Sir/Madam,

This is in continuation of our earlier intimations:

• i. Outcome of the meeting of the Board of Directors (“ Board ”) of Josts Engineering Company Limited (“ Company ”) held on 28[th] January, 2025, approving the offer and issuance of Equity Shares to the Existing Shareholders of the Company by way of a Rights Issue (“ Rights Issue ”) and

• ii. Outcome of meeting of the Rights Issue Committee held on13[th] August, 2025, intimating about Record Date, Issue Price, Rights Entitlements Ratio and other terms & conditions of the Rights Issue.

In furtherance of the above, the Company had announced the Rights Issue of 18,47,913 Equity Shares of face value of ₹1/- each at an issue price of ₹270/- per Equity Share (including a premium of ₹269/- per Equity Share), aggregating up to ₹4,989.37 lakhs, in accordance with the Letter of Offer dated Wednesday, August 13, 2025.

The Rights Issue offer opened on Friday, August 29, 2025, and closed on Wednesday, September 10, 2025. Pursuant to the finalization of the basis of allotment of the Rights Issue, in consultation with Bigshare Services Private Limited (“ Registrar to the Issue ”) and as approved by BSE Limited (“ BSE ”), being the Designated Stock Exchange for the Issue, the Rights Issue Committee, at its meeting held today, i.e., on Tuesday, September 16, 2025, have interalia considered and approved the allotment of 18,47,913 fully paid-up Equity Shares of face value of ₹1/- each issued at a price of ₹270/- per Equity Share (including premium of ₹269/per Equity Share) on Rights Basis to the eligible shareholders and / or renouncee(s), in terms of the Letter of Offer dated Wednesday, August 13, 2025.

Accordingly, pursuant to the Allotment, the paid-up equity share capital of the Company stands increased.

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Details of Pre and Post Issue paid up share capital are as follows:

Particulars	No. of Equity Shares	Amount (in ₹)
Paid-up share capital (Pre-Rights Issue)	9978730	99,78,730
Paid-up share capital (Post-Rights Issue)	11826643	1,18,26,643

The Meeting of the Rights Issue Committee commenced at 06:25 p.m. and concluded at 06:40 p.m.

The details as required under Regulation 30(6) of SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024 as amended/updated from time to time, and other applicable provisions of SEBI Listing Regulations, are given in ‘Annexure A’ to this letter.

A copy of the same is also be available on the website of the Company www.josts.com

We request you to please take the above information on your records and to disseminate it.

Thanking You,

For Josts Engineering Company Limited

BABITA Digitally signed by BABITA KUMARI Date: 2025.09.16 KUMARI 18:45:53 +05'30'

Babita Kumari

Company Secretary and Compliance Officer

Encl: As above

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Annexure A Details with respect to issuance of securities, as required under Regulation 30 (6) read SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024

Sr. No.	Details of event(s) that need to be provided	Information of such event(s)
a)	type of securities proposed to be issued (viz. equity shares, convertibles etc.);	Equity Shares
b)	type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.);	Rights Issue
c)	total number of securities proposed to be issued or the total amount for which the securities will be issued(approximately);	Allotment of 18,47,913 fully paid-up Equity Shares of Face Value of ₹1/- each on Rights Basis to the eligible shareholders and/ or renounce(s) in terms of the Letter of Offer at an issue price of ₹270/- per Equity Share (including a premium of ₹269/- per Equity Share).
d)	Any cancellation or termination of proposal for issuance of securities including reasons thereof	Not Applicable

The Other details as prescribed in point (d) to (g) of Clause 2.1 of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024, are not applicable to the Company’s Right Issue.

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BABITA KUMARI

Digitally signed by BABITA KUMARI Date: 2025.09.16 18:46:48 +05'30'

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