JASH Engineering Limited has submitted its Quarterly Newsletter for the quarter ended 31st March, 2026. The document provides a comprehensive overview of the company's activities, including strategic acquisitions, product developments, project executions, and event highlights during the fourth quarter of fiscal year 2025-26.

Financial and Strategic Overview

Reflecting on the performance for FY 2025-26, the company noted that the year was challenging and below initial expectations. A major factor was the impact of US tariffs, which affected profitability on orders booked before their implementation, leading the company to slow down execution and limit new order bookings amid uncertainty. Additionally, geopolitical developments, particularly the Iran conflict in the last quarter, created further disruptions in global shipments, impacting billing in the month of March.

Despite these challenges, JASH Engineering strengthened liquidity, increased plant capacities, and made strategic acquisitions to bridge market and product gaps. During the quarter, the company successfully completed the acquisition of WesTech Process Equipment (India) Pvt. Ltd. in Mumbai and Penstock UK Ltd. in Hinckley, UK. These moves are expected to strengthen the company's position in the process industry business and the UK market. With US tariffs now moderated to around 10% and early signs of geopolitical stability, the management expressed optimism for FY 2026-27. The company has also set a shared goal of achieving Rs. 1500 crore revenue by 2030-31.

Product Development

The newsletter highlighted advancements in product engineering, including the design of a Stainless-Steel Dual Leaf Gate for drainage improvement works in Kowloon City, Hong Kong. The gate features a clear opening size of 3000 mm (W) X 2900 mm (H), with each leaf sized 3000 mm (W) X 1450 mm (H). Additionally, the company designed and supplied a massive 5000 x 5000 mm sized Electric SS 316 Gate for the SC 08 PST-II BMC Mumbai Project, featuring an advanced four-side sealing system and tandem shaft arrangement for smooth and balanced operation, delivered in multiple sections for easy transport.

Prestigious Projects

The company reported the successful commissioning and supply of equipment across several high-profile projects globally. The following table summarises the key project deliveries:

Corporate Events and Expansion

The quarter was marked by significant corporate milestones and active industry participation. The company hosted the IVAMA CEO Meet at its plant on 23rd January 2026. On 14th February 2026, it expanded its manufacturing footprint with a new 60,000 sq. ft. Stainless Steel Fabricated Products Plant at SEZ, Pithampur, inaugurated by Hon'ble Shri Kailash Vijayvargiya, Cabinet Minister, Government of Madhya Pradesh. The company also showcased its products at multiple international conferences, including IFAT Saudi Arabia (25th–28th January 2026), NEWEA 2026 in Boston (25th–28th January 2026), NYWEA 2026 in New York City (2nd–4th February 2026), South Carolina Environmental Conference 2026 (15th–18th March 2026), and Missouri Section AWWA & MWEA Joint Annual Conference 2026 (22nd–25th March 2026).

On the employee engagement front, the Jash Premier League 2026 was held on 18th January, where Elite Smashers defeated Jash Giants to claim the championship title. On 1st February 2026, the Jash team participated in the Indore Marathon, completing a 5 km run from Rajwada Palace to Nehru Stadium. The company also welcomed new team members across Unit 1 Indore, Unit 5 Chennai, and Rodney Hunt USA during the quarter.

Upcoming Events

JASH Engineering and its subsidiaries are scheduled to participate in several upcoming industry events. Key upcoming participations are summarised below:

JASH Engineering Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mr. Suresh Patel as Executive Director. The company announced the e-voting process under Regulation 30 of SEBI Listing Regulations, with voting scheduled from April 12, 2026 to May 11, 2026.

Executive Director Re-appointment Details

The Board of Directors approved Mr. Suresh Patel's (DIN: 00012072) re-appointment on February 13, 2026, subject to shareholder approval through postal ballot. The re-appointment is effective from February 14, 2026 for a period of two years until February 13, 2028.

E-voting Process and Timeline

The company has arranged remote e-voting facility through M/s. MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The e-voting period commences on Sunday, April 12, 2026 at 09:00 a.m. (IST) and concludes on Monday, May 11, 2026 at 5:00 p.m. (IST).

Newspaper Advertisement Publication

Pursuant to Regulation 30 read with Schedule III Part A Para A of SEBI Listing Regulations, the company published newspaper advertisements regarding the postal ballot notice and e-voting information. The advertisements were published in Financial Express Mumbai Edition (in English) and Choutha Sansar (in Hindi) on April 12, 2026.

Remuneration Structure

The proposed remuneration package for Mr. Suresh Patel includes comprehensive compensation components subject to statutory limits under the Companies Act, 2013.

Key Remuneration Components:

• Basic Salary: Up to maximum of Rs. 7,00,000 per month with increments as decided by Board
• Perquisites and Allowances: Conveyance allowance, medical reimbursement, leave travel allowance, special allowance, gratuity, and leave encashment
• Commission: Calculated with reference to net profits, subject to overall ceiling under Sections 197, 198 read with Schedule V of Companies Act, 2013
• Minimum Remuneration: Subject to limit of 5% of Annual Net Profits and overall limit of 10% for all managerial personnel combined

Director Profile and Experience

Mr. Suresh Patel, aged 83 years, brings over four decades of business management experience to the company. He holds a B.E. (Civil) degree and has been serving as Executive Director since February 14, 2020. As a promoter of the company, he holds 20,81,070 equity shares and is the uncle of Mr. Pratik Patel.

Regulatory Compliance and Scrutinizer

The postal ballot process complies with Sections 108, 110 of the Companies Act, 2013 and SEBI Listing Regulations. Mr. Ankit Joshi, Practicing Company Secretary from Indore, has been appointed as scrutinizer to conduct the postal ballot process in a fair and transparent manner. The postal ballot notice is available on the company's website at www.jashindia.com and stock exchange websites.