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

Aug 20, 2025

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To 20[th] August, 2025 The Secretary, BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

Scrip Code- 505750 Subject: Outcome of Rights Issue Committee Meeting

Dear Sir,

This is to inform you that pursuant to the outcome of the Rights Issue Committee meeting held on August 13, 2025, wherein the terms of the rights issue were approved and the Letter of Offer (LOF) was filed with the Stock Exchange, we have identified an inadvertent error in the previously disclosed number of equity shares to be issued and the corresponding issue size.

The Rights Issue Committee at their meeting held today i.e. 20[th] August, 2025 has approved the revision of total number of Rights Equity Shares, Rights Issue size and incidental effect thereto.

Please find below the revised and corrected details:

• The total number of equity shares to be issued shall be up to 18,47,913 equity shares at an issue price of ₹270/- per share, aggregating to ₹4,989.37 lakhs (assuming full subscription).

Accordingly, the following changes will be incorporated in the Letter of Offer wherever applicable:

1. Total number of rights equity shares to be issued shall be up to 18,47,913 equity shares

2. Issue size: ₹4,989.37 lakhs (assuming full subscription).

3. Proceeds from the Issue

i) Net Proceeds Calculation

Calculation
	(Amount in ₹ Lakhs)
Particulars	Estimated Amount
Gross Proceeds	4,989.37
Less: Estimated Issue Expenses	80.00
Net Proceeds	4,909.37

ii) Utilization of Net Proceeds

		(Amount in ₹ Lakhs)
Sr. No.	Particulars	Estimated Amount
1	Fundingthe workingcapital requirements of the Company	4,358.00
2	General Corporate Purposes	551.37
Total		4,909.37

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1. In view of the revised number of shares to be issued, the post-issue share capital of the Company will be 1,18,26,643 equity shares.

Please note that there are no other changes in the terms of the issue apart from those mentioned above.

Accordingly, the Rights Issue Committee has approved the Revised Letter of Offer , incorporating the aforementioned modifications.

The Meeting of Rights Issue Committee commenced at 07:30 p.m. and concluded at 08:15 p.m.

Thanking You, For Jost’s Engineering Company Limited

BABITA KUMARI

Digitally signed by BABITA KUMARI Date: 2025.08.20 20:17:26 +05'30'

Babita Kumari Company Secretary M. No.: A40774

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