Josts Engineering Co. Ltd. — Regulatory Filings 2021

Aug 7, 2021

==> picture [526 x 80] intentionally omitted <==

To, The Secretary, 7[th] August, 2021 BSE Ltd., Phiroze Ieejeebhoy Towers, Dalal Street, Mumbai- 400001

Dear Sir,

Scrip Code- 505750

- Subject Disclosure pursuant to Regulation 30 of SEBI [Listing Obligations and Disclosure Requirements] Regulations 2015.

We wish to inform you that the Board of Directors of the Company, at its Meeting held today, inter-alia, approved the following: -

1. Unaudited Standalone and Consolidated Financial Results for the quarter ended 30[th] June, 2021, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and extract of the same to be published in the newspapers, pursuant to Regulations 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Accordingly, the said Financial Results along with Limited Review Report of the Statutory Auditors, namely, M/s. Singhi & Co., Chartered Accountants, are enclosed.

Please note that the extract of aforesaid Unaudited Standalone and Consolidated Financial Results will be published in the Newspapers, within the stipulated time, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1. Noting of non-compliance for

2. (i) Delay in appointment of Company Secretary and Compliance officer. Boards Comments: The Company Secretary and Compliance Officer of the Company had resigned and ceased in the employment of the Company w.e.f. 1st March, 2020. The Company had six months’ time to fill up the vacancy caused by the resignation of Company Secretary and Compliance Officer. However, due to nationwide lockdown because of COVID-19 pandemic the company was not able to fill up the said vacancy. Further, the Company appointed the Asst. Company Secretary and Compliance Officer w.e.f. 23rd November, 2020

3. (ii) Delay in Filing of Annual Report 2020 Boards Comments: The company submitted Annual Report for the year 201920 pursuant to Regulation 34 of SEBI (LODR) late by 3 days to the Stock exchange. The delay of 3 days was from 14th August, 2020 to 16th August, 2020.

==> picture [526 x 80] intentionally omitted <==

However, the company had sent Annual Report to the shareholders on 13th August, 2020 itself. The next three days i.e. Friday was a working day, Saturday was a National Holiday and Sunday was weekly off. We had submitted the Annual Report to the Stock Exchange on the next available working day i.e. Monday, 17th August, 2020. Thus, there was a delay of only one day i.e. Friday 14th August, 2020

• (iii) Not placing before the Board, the fines Levied by the stock exchange. Boards Comments: The said fines have been reflected in Company’s accounts as approved by the board of directors in its meeting held on 6th May 2021. However, the matter relating to levy of fine tabled in the ensuing board meeting.

• The Hundred and Fourteenth Annual General Meeting of the Company will be held on 9[th] September, 2021. The Register of Members & Share Transfer Books of the Company will remain closed from 3[rd] September, 2021 to 9[th] September, 2021 (both days inclusive) for the purpose of Payment of Dividend.

• M/s. Akshay Gupta & Co. Company Secretaries were appointment as Scrutinizer for the Ensuing AGM.

• M/s. Akshay Gupta & Co. Company Secretaries were appointment as the Secretarial Auditor of the company for the F.Y. 2021-22.

• The Board Approved giving of Corporate guarantee upto Rs. 2.50 Cr. in favour of its Subsidiary company MHE Rentals India Pvt. Ltd.

Please note that the Board meeting Concluded at 3:10 P.M.

Thanking You,

Yours Faithfully, For Jost’s Engineering Company Limited

Qamar Ali Company Secretary

Encl: As above