Josts Engineering Co. Ltd. — Capital/Financing Update 2026

Mar 25, 2026

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To, The Secretary, 25[th] March, 2026 BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

Dear Sir,

Scrip Code- 505750 Subject- Update on sale/transfer/disposal of its shareholding in its material subsidiary, namely JECL Engineering Limited (“JECL”)

This is in furtherance to our intimation dated 5[th] February, 2026, wherein we have informed Josts Engineering Company Limited (‘Company’) has approved the sale of its 100% shareholding in its material subsidiary, namely JECL Engineering Limited (“JECL”) and approved the drafts of Share Purchase Agreement and other definitive Agreements including Brand Assignment Agreement, Trademark License Agreement and Transition Services Agreement and vide our intimation dated 6[th] February, 2026, it was further informed that the Company has entered into Share Purchase Agreement for transfer of the said Equity shares to Mr. Rahul Dhoot.

Further to the above, we wish to inform you that pursuant to the approval of the shareholders of the Company obtained through postal ballot on 11[th] March, 2026, the Company has transferred its holding in Material Subsidiary namely JECL Engineering Limited, upon receipt of the consideration (after making necessary adjustments and deducting holdback amount) and also entered into definitive agreements on 24[th] March, 2026.

Consequently, JECL has ceased to be a subsidiary of the Company with effect from end of day of 24[th] March, 2026.

Kindly take the above information on record.

Thanking You, For Jost’s Engineering Company Limited

Digitally signed BABITA by BABITA KUMARI KUMARI Date: 2026.03.25 18:52:41 +05'30'

Babita Kumari Company Secretary M. No.: A40774

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