JOSTS ENGINEERING COMPANY LTD.
NSE : NABSE : 505750ISIN
CODE : INE636D01033Industry : Engineering - Industrial EquipmentsHouse
: Private
BSE1099.703.75 (+0.34 % )
PREV CLOSE (Rs.) 1095.95
OPEN PRICE (Rs.) 1127.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1905
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE
This Company is not listed in NSE
Company News
| Date | Heading | Details |
|---|---|---|
| 18-May-2024 | Jost's Engineering Company informs about compliance report | <p style="text-align: justify;">In compliance with the SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019, Jost's Engineering Company has informed that it attached the Annual Secretarial Compliance Report for the Financial Year ended 31st March, 2024 issued by Akshay Gupta & Co., Company Secretaries.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 11-May-2024 | Jost's Engineering's arm commissions trial production at greenfield manufacturing facility in Murbad | <p style="text-align: justify;">Jost's Engineering Company's Wholly Owned Subsidiary---JECL Engineering has commissioned trial production at Greenfield Manufacturing facility of Material Handling Equipments at Kudawali Village, Murbad, Maharashtra, on May 10, 2024. This Plant has the capacity to produce approximately 2100 Material Handling Equipments yearly.</p><p style="text-align: justify;">Jost's Engineering Company operates in three divisions, including material handling division, industrial finishing division and engineered products division.</p><div style="text-align: justify;"><br></div> |
| 01-Apr-2024 | Jost's Engineering Company informs about completion of tenure of independent directors | <p style="text-align: justify;">In furtherance to its previous communication dated 31st January, 2024, pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations'), Jost's Engineering Company has informed that: a. Farokh Kekhushroo Banatwalla (DIN: 02670802) ceased to be an Independent Director of the Company upon completion of his second term of 5 consecutive years at the close of business hours on 31st March, 2024. b. Marco Philippus Ardeshir Wadia (DIN: 00244357) ceased to be an Independent Director of the Company upon completion of his second term of 5 consecutive years at the close of business hours on 31st March, 2024. c. Shailesh Rajnikant Sheth (DIN: 00041713) ceased to be an Independent Director of the Company upon completion of his second term of 5 consecutive years at the close of business hours on 31st March, 2024. Details required under Regulation 30 of the SEBI Listing Regulations read along with SEBI circular CIR/CFD/CMD/4/2015 dated September 9, 2015 are enclosed as ‘Annexure A'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 29-Dec-2023 | Jost's Engineering invests Rs 5 crore in JECL Engineering | <p style="text-align: justify;">Jost's Engineering Company has invested Rs 5 crore in JECL Engineering towards the acquisition of equity shares by way of rights issue. JECL Engineering is engaged in the Manufacturing and Trading of Material Handling Equipments.</p><p style="text-align: justify;">Earlier, the company's board had approved the investment in the share capital of JECL Engineering (JECL), a Wholly Owned Subsidiary of the Company and/or grant loans and advances to JECL and/or to give Guarantees on behalf of JECL, in one or more than one tranche with a maximum cap of Rs 15 crore.</p><p style="text-align: justify;">Jost's Engineering Company operates in three divisions, including material handling division, industrial finishing division and engineered products division.</p><div style="text-align: justify;"><br></div> |
| 28-Dec-2023 | Jost's Engineering Co informs about closure of trading window | <div style="text-align: justify;">Pursuant to provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended by SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2018 and Company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders, Jost's Engineering Co has informed that the trading window for dealing in securities of the company shall remain closed from 1st January, 2024. The trading window would be opened only after the expiry of 48 hours of public announcement of Un-Audited Financial Results for the quarter and nine months ended 31st December, 2023. </div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 23-Dec-2023 | Jost's Engineering Co informs about disclosure | <div style="text-align: justify;">Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [SEBI (LODR)], Jost's Engineering Co has informed that the Company has received redemption amount of Rs 3 (Three) Crores in respect of early redemption of 300 Units of Unsecured Optionally Convertible Debentures by MHE Rentals India on 22nd December, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 16-Nov-2023 | Jost's Engineering Co informs about newspaper publication | <div style="text-align: justify;">In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jost's Engineering Co has enclosed copies of newspapers advertisement regarding Notice of Extra ordinary General Meeting through electronic mode published on 16th November, 2023 in newspapers viz. The Free Press Journal (English) and Navshakti (Marathi). The same is also available as the website of the Company at www.josts.com </div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 08-Aug-2023 | Jost's Engineering Co informs about outcome of board meeting | <div style="text-align: justify;">Jost's Engineering Co has informed that the Board of Directors at their meeting held on Monday, 27th March, 2023, had approved the investment by way of purchase of 39,73,800 Equity Shares of MHE Rentals India (MHE Rentals), a Subsidiary Company, from the existing shareholders, in more than one tranche, at a price arrived by the Registered Valuer, consequent to the completion of which MHE Rentals will become Wholly Owned Subsidiary of the Company. Out of the approved investment by way of purchase of 39,73,800 Equity Shares of MHE Rentals, the Company has already purchased 19,86,900 Equity shares of MHE Rentals on 29th March, 2023 at Rs. 17.30 per share from the existing shareholders of MHE Rentals i.e. 752,750 Equity shares from Jai Prakash Agarwal and 240,250 Equity shares fro Rajendra Kumar Agarwal and 9,93,900 Equity shares from Vishal Jain, the intimation of the same was given to the stock exchange on 30th March, 2023 vide our letter dated 30th March, 2023. Further, on 4th August, 2023, Company had purchased 9,93,900 Equity shares of MHE Rentals from Vishal Jain, existing shareholder at Rs. 17.30 per share, the intimation of the same given to the stock exchange on 4th August, 2023 vide our letter dated 4th August, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 22-Jun-2023 | Jost's Engineering Company rises on investing Rs 12.37 lakh in wholly owned subsidiary in USA | <p style="text-align: justify;">Jost's Engineering Company is currently trading at Rs. 426.00, up by 3.05 points or 0.72% from its previous closing of Rs. 422.95 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 437.95 and Rs. 420.00 respectively. So far 1574 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'XT' stock of face value Rs. 2 has touched a 52 week high of Rs. 469.40 on 15-Jun-2023 and a 52 week low of Rs. 156.90 on 22-Jun-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 459.90 and Rs. 419.00 respectively. The current market cap of the company is Rs. 203.30 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 49.48%, while Institutions and Non-Institutions held 0.06% and 50.46% respectively.</p><p style="text-align: justify;">Jost's Engineering Company has invested $15,000 equivalent Rs 12.37 lakh for acquiring 15000 Equity shares of Josts Engineering Inc. in USA, wholly owned subsidiary of the Company, on June 20, 2023.</p><p style="text-align: justify;">Earlier, the company had received an approval for investment of Rs 50 lakh by way of subscription/acquisition of equity of Josts Engineering Inc., wholly owned subsidiary of the Company, in one or more tranches. The Board of Directors of the Company, at its Meeting held on November 14, 2022, inter-alia, approved the same.</p><p style="text-align: justify;">Jost's Engineering Company operates in three divisions, including material handling division, industrial finishing division and engineered products division.</p> |
| 21-Jun-2023 | Jost's Engineering Company invests Rs 12.37 lakh in wholly owned subsidiary in USA | <p style="text-align: justify;">Jost's Engineering Company has invested $15,000 equivalent Rs 12.37 lakh for acquiring 15000 Equity shares of Josts Engineering Inc. in USA, wholly owned subsidiary of the Company, on June 20, 2023.</p><p style="text-align: justify;">Earlier, the company had received an approval for investment of Rs 50 lakh by way of subscription/acquisition of equity of Josts Engineering Inc., wholly owned subsidiary of the Company, in one or more tranches. The Board of Directors of the Company, at its Meeting held on November 14, 2022, inter-alia, approved the same.</p><p style="text-align: justify;">Jost's Engineering Company operates in three divisions, including material handling division, industrial finishing division and engineered products division.</p> |
