Josts Engineering Co. Ltd. — Regulatory Filings 2025

Feb 20, 2025

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Date: 20[th] February, 2025

To, Department of Corporate Services, B.S.E Limited, Phiroze Jeebhoy Towers, Dalal Street, Mumbai - 400001. Scrip Code: 505750

Subject: Disclosure/Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

Dear Sir/Madam,

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, please find enclosed herewith the details of the Trademark License Agreement entered into by the Company.

Kindly take the same on the record and oblige.

Thanking you

For Jost’s Engineering Company Limited

BABITA Digitally signed by BABITA KUMARI KUMARI Date: 2025.02.20 17:19:09 +05'30' Babita Kumari Company Secretary M . No : A40774

Encl: As Above.

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Disclosure of information pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023

BABIT KUMA RI	Sr. No	Particulars	Details
	1.	Name(s) of the Parties with whom the agreement is entered	The Trademark License Agreement dated 20th February, 2025 (“Agreement”) entered into between Josts Engineering Company Limited (“Company or Josts”) and JECL Engineering Limited, Wholly Owned Subsidiary of the Company.
	2.	Purpose of entering into the agreement	Vide the Agreement, Company has granted non-exclusive, revocable, non-transferable, non-assignable, non-sublicensable, License in the Trademarks owned by the Company, to JECL Engineering Limited, Wholly Owned Subsidiary of the Company.
	3.	Size of the Agreement	In consideration for grant of the said license, the JECL Engineering Limited would be required to pay royalty to the Company, at the rate of 1% p.a. of the sales value of the products sold under the Josts Trademark.
	4.	Shareholding, if any, in the entity with whom the agreement is executed	100%
	5. A Digitally sig by BABITA KUMARI Date: 2025.02.20 17:20:51 ~~''~~	Significant terms of the agreement (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc. ned	(i) Vide the Agreement, Company has granted non-exclusive, revocable, non- transferable, non-assignable, non- sublicensable, License in the Trademarks owned by the Company, to JECL Engineering Limited, Wholly Owned Subsidiary. (ii) In consideration for grant of the said license, the JECL Engineering Limited would be required to pay royalty to the Company, at the rate of 1% p.a. of the sales value of the products sold under the Josts Trademark. (iii) The license is valid for a period of ten (10) years.
	~~+0530~~

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6.	Whether, the said parties are related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship	JECL Engineering Limited, Wholly Owned Subsidiary is a related party of the Company. Promoter directors of Josts Engineering Company Limited are director of the JECL Engineering Limited. The Company has also taken prior approval of the Audit Committee.
7.	Whether the transaction would fall within related party transactions? If yes, whether the same is done at“arm’s length”	Yes, and the same is done at arm’s length
8.	In case of issuance of shares to the parties, details of issue price, class ofsharesissued	Clause not applicable
9.	In case of loan agreements, details of lender/borrower, nature of the loan, total amount of loan granted/taken, total amount outstanding, date of execution of the loan agreement/sanction letter, details of the security provided to the lenders / by the borrowers for such loan or in case outstanding loans lent to a party or borrowed from a party become material on a cumulative basis;	Clause not applicable
10.	Any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.	Please refer points 5 and 6 as stated above

BABITA Digitally signed by BABITA KUMA KUMARI Date: 2025.02.20 RI 17:22:13 +05'30'

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