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

Feb 6, 2026

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To, The Secretary, 6[th] February, 2026 BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

Dear Sir,

Scrip Code- 505750

Subject- Intimation of Sale of Subsidiary Company

1. This is in furtherance to our intimation dated February 5, 2026, we hereby inform you that the Company has entered into Share Purchase Agreement dated February 5, 2026 executed between Josts Engineering Company Limited , Mr. Jai Prakash Agarwal , Mr. Vishal Jain and JECL Engineering Limited with Mr. Rahul Dhoot (as buyer) for sale of 100% of Company’s shareholding in its material subsidiary, namely, JECL Engineering Limited, for an aggregate consideration of Rs. 72,00,00,000 (Rupees Seventy Two Crores only) (subject to closing date adjustments) subject to approval of the shareholders of the Company through postal ballot including e-voting in terms of Regulations 24(5) and 37A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

2. Upon completion of the aforesaid sale, JECL Engineering Limited would cease to be the subsidiary of the Company.

Requisite details for the aforesaid in terms of Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30, 2026 (“SEBI Master Circular”), is enclosed as Annexure – A.

Kindly take the above information on record.

Thanking You, For Josts Engineering Company Limited

Digitally signed BABITA by BABITA KUMARI KUMARI Date: 2026.02.06 12:38:21 +05'30'

Babita Kumari Company Secretary M. No.: A40774

Encl: As above

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Annexure-A

Disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

S. No.	Required Information	Particulars
1.	The amount and percentage of the turnover or revenue or income and net worth contributed by such subsidiary of the listed entity during the last financial year;	Contribution in Consolidated Income as on 31st March 2025 Percentage (%): 2.60% Amount: Rs. 621.08 lakhs Contribution in Consolidated Net Worth as on 31st March 2025 Percentage (%): 27.04% Amount: Rs. 2120.71 lakhs Contribution in Consolidated Income as on 31st December, 2025 Percentage (%): 26.41% Amount: Rs. 4984 lakhs Contribution in Consolidated Net Worth as on 31st December, 2025 Percentage (%): 16.29% Amount: Rs. 2097 lakhs
2.	Date on which the agreement for sale has been entered into;	February 5, 2026
3.	The expected date of completion of sale/ disposal;	The said sale/disposal is likely to be completed on or before May 5, 2026 subject to achievement of closing conditions and terms of the definitive agreements.
4.	Consideration received from such sale/ disposal;	Rs. 72,00,00,000 (Rupees Seventy Two Crores only) (subject to closing date adjustments)
5.	Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof;	Name of Buyer: Mr. Rahul Dhoot Address of Buyer: Sambhajinagar, Maharashtra No.
6.	Whether the transaction would fall within related party transactions? If yes, whether the same is done at 'arms length"	No

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7.	whether the sale, lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations.	Yes The transaction will be placed for approval by the shareholders by way of Postal Ballot including e-voting.
8.	In case of a slump sale, indicative disclosures provided for amalgamation/ merger, shall be disclosed by the listed entity with respect to such slump sale.	Not Applicable

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