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

Aug 13, 2025

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To, The Secretary, BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

13[th] August, 2025

Dear Sir,

Scrip Code- 505750

Subject- Regulations 30 & 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) and outcome of the meeting of the Rights Issue Committee of the Board of Directors of Josts Engineering Company Limited (the “Company”) held on 13[th] August, 2025.

Dear Sir/Madam,

This is further to the meeting of the Board of Directors of the Company (the “Board”) held on January 28, 2025, approving the issuance of equity shares of the Company (the “Rights Equity Shares”) for an amount not exceeding ₹50 crore, by way of a rights issue (“Rights Issue”), in accordance with the Companies Act, 2013, as amended and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, other applicable laws and our prior intimation dated 28[th] January, 2025.

Pursuant to the above referred, we wish to inform you that the Rights Issue Committee of the Board at its meeting held today, i.e. on 13[th] August, 2025, has inter alia considered and approved the following terms of the Rights Issue:

a) Total number of Rights Equity Shares and Rights Issue size : 18,50,000 Rights Equity Shares each for an amount aggregating upto ₹ 49.95 Crores ( assuming full subscription). b) Rights Issue Price : ₹ 270 per Rights Equity Share (including a premium of ₹ 269 per Rights Equity Share)

c) Record date: 20[th] August, 2025

d) Rights Issue period:

i. Rights Issue Opening Date: Friday, 29[th] August, 2025;

ii. Rights Issue Closing Date: Tuesday, 9[th] September, 2025;

iii. On-market renunciation period: Friday, 29[th] August, 2025 to Wednesday, 3[rd] September, 2025;

iv. Off-market renunciation: It is noted that the eligible equity shareholders will have to ensure that renunciation through off-market transfers is completed in such a manner that the rights entitlements are credited to the demat account of the Renouncee on or prior to the Issue Closing Date.

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e) Outstanding Equity Shares:

i. Prior to the Rights Issue: 99,78,730 Equity Shares of the Company ii Post Rights Issue#: 1,18,28,730 Equity Shares of the Company

# Assuming full subscription

f) Other terms of the Rights Issue: To be included in the Letter of Offer to be filed by the Company.

g) Rights entitlement ratio and fractional entitlements: The Rights Equity Shares are being offered on a rights basis to Eligible Equity Shareholders in the ratio of 5 (Five) Equity Share(s) for every 27 (Twenty Seven) Equity Shares held on the Record Date.

For Equity Shares being offered on a rights basis under this Issue, if the shareholding of any of the Eligible Equity Shareholders is less than 27 (Twenty Seven) Equity Shares or not in the multiple of 27 (Twenty Seven), the fractional entitlement of such Eligible Equity Shareholders shall be ignored in the computation of the Rights Entitlement. However, the Eligible Equity Shareholders whose fractional entitlements are being ignored, will be given preferential consideration for the allotment of one additional Equity Share each if they apply for additional Equity Shares over and above their Rights Entitlement, if any, subject to availability of Rights Equity Shares in this Issue post allocation towards Rights Entitlements applied for.

Further, the Eligible Equity Shareholders holding less than 6 (Six) Equity Shares as on Record Date shall have ‘zero’ entitlement in the Issue. Such Eligible Equity Shareholders are entitled to apply for additional Equity Shares and will be given preference in the allotment of one additional Equity Share if, such Eligible Equity Shareholders apply for the additional Equity Shares. However, they cannot renounce the same in favour of third parties and the application forms shall be non- negotiable .

h) ISIN for Rights Entitlement: INE636D20017

The Meeting of Rights Issue Committee commenced at 09:00 a.m. and concluded at 10:40 a.m.

Kindly take the above information on record.

Thanking You, For Jost’s Engineering Company Limited

Digitally signed BABITA by BABITA KUMARI KUMARI Date: 2025.08.13 10:46:42 +05'30'

Babita Kumari Company Secretary M. No.: A40774

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