Josts Engineering Co. Ltd. — Major Shareholding Notification 2024

Dec 11, 2024

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)	Name of the Target Company (TC)	Name of the Target Company (TC)	Name of the Target Company (TC)	Name of the Target Company (TC)	Josts Engineering Limited	Josts Engineering Limited	Josts Engineering Limited
Name(s) of the (PAC) with the				~~acquirer~~seller and Persons Acting in Concert ~~acquirer~~seller	Sellers: (i) Mr. Viren Rajan Raheja (ii) Mr. Akshay Rajan Raheja
Whether the		~~acquirer~~seller belongs to Promoter/Promoter group			No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed					BSE Limited
					Number	% w.r.t.total	% w.r.t. total
					(Equity	share/voting	diluted
Details of the			~~acquisition /~~disposal as follows		Shares)	capital	share/voting
						wherever	capital of the
						applicable(*)	TC ()**
	Before the				1,68,120 3,64,384 N.A. – in respect of b), c) and d) Total: 5,32,504	1.72 % 3.73 % N.A. – in respect of b), c) and d) Total: 5.45 %	1.68 % 3.65 % N.A. – in respect of b), c) and d) Total: 5.33 %
	Details of~~acquisition~~/sale a) Shares carrying voting rights~~acquired/s~~old 1. Viren Rajan Raheja 2. Akshay Rajan Raheja ++ On Capital post Allotment of Shares due to conversion of Warrants on 4thDecember 2024 b) VRs acquired /sold otherwise than by shares				44,000 225,939 N.A. – in respect of b), c) and d)	0.44% ++ 2.26% ++ N.A. – in respect of b), c) and d)	0.44% ++ 2.26% ++ N.A. – in respect of b), c) and d)

c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category)~~acquired/s~~old d) Shares encumbered / invoked/released by the acquirer e) Total(a+b+c+/-d)	Total: 2,69,939	Total: 2.71 %	Total: 2.71%
After the~~acquisition/~~sale, holding of: a) Shares carrying voting rights 1. Viren Rajan Raheja 2. Akshay Rajan Raheja ++ on Capital post Allotment of Shares on conversion of Warrants on 4thDecember 2024 b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d)	1,24,120 1,38,445 N.A. – in respect of b), c) and d) Total: 2,62,565	1.24 % ++ 1.39 % ++ N.A. – in respect of b), c) and d) Total: 2.630 % ++	1.24 % ++ 1.39 % ++ N.A. – in respect of b), c) and d) Total: 2.63 % ++
Mode of~~acquisition /~~sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).	Open Market Sale between 29 November 2024 to 10thDecember 2024
Date of~~acquisition /~~sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	10thDecember 2024 when 2% limit under Reg 29(2) was triggered.
Equity share capital / total voting capital of the TC before the said acquisition / sale	99,78,730 equity Shares – Post Allotment of Shares on Conversion of Warrants
Equity share capital/ total voting capital of the TC after the said acquisition / sale	99,78,730 equity Shares – Post Allotment of Shares on Conversion of Warrants
Total diluted share/voting capital of the TC after the said acquisition	99,78,730 equity shares Post allotment of 2,00,000 equity Shares on conversion of Warrants on 4th December 2024

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

*** Reflects the position prior to 4[th] December 2024 being the date of allotment of equity shares upon conversion of warrants. The details regarding such share allotment made on 4[th] December 2024 are as below.

On 4[th] December 2024, the Company has allotted 2,00,000 equity shares against the Outstanding Warrants or convertible Securities and the Issued Capital and Diluted Capital as on the date of this disclosure is 99,78,730 equity shares of FV Re 1/- and the same has been considered for calculation of the % of Share Capital sold/ held as on date.

++ On 4[th] December, 2024, the Company has allotted 200,000 Equity Shares of the Company to the holders of Warrants. The % of shares sold and held as on date is on the basis of the expanded capital as applicable post the allotment of said Equity Shares.

This disclosure covers the Equity Shares of TC sold Viren Rajan Raheja and Akshay Rajan Raheja during the period 29[th] November 2024 to 10[th] December 2024 (FV Re1/-)

Viren Digitally signed by Viren Rajan Rajan Raheja Date: 2024.12.11 Raheja 10:17:21 +05'30'

1. Viren Rajan Raheja

Akshay Digitally signed by Akshay Rajan Rajan Raheja Date: 2024.12.11 Raheja 10:16:23 +05'30'

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2. Akshay Rajan Raheja

Signature of the ~~acquirer* /~~ selle ~~r~~ / Authorised Signatory

Place: Mumbai

Date: 11[th] December 2024