JASH Engineering Subsidiary Company Name Changed to JASH Process Equipment Private Limited

JASH Engineering Limited has received regulatory approval for a subsidiary company name change, marking a significant corporate restructuring development. The Registrar of Companies, New Delhi has officially approved the change in the name of the company's subsidiary from WESTECH PROCESS EQUIPMENT INDIA PRIVATE LIMITED to JASH PROCESS EQUIPMENT PRIVATE LIMITED.

Regulatory Approval Details

The name change has been approved with effect from March 23, 2026. This approval represents a formal corporate restructuring that aligns the subsidiary's branding with the parent company's identity.

Parameter:	Details
Previous Name:	WESTECH PROCESS EQUIPMENT INDIA PRIVATE LIMITED
New Name:	JASH PROCESS EQUIPMENT PRIVATE LIMITED
Effective Date:	March 23, 2026
Approving Authority:	Registrar of Companies, New Delhi

Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated this development to both the National Stock Exchange of India Limited and BSE Limited on March 24, 2026.

The disclosure was signed by Tushar Kharapade, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols were followed. The communication was addressed to the listing departments of both exchanges, maintaining transparency with all stakeholders.

Corporate Structure Impact

This name change reflects the company's strategy to consolidate its subsidiary operations under a unified brand identity. The new name JASH PROCESS EQUIPMENT PRIVATE LIMITED clearly establishes the connection with the parent company JASH Engineering Limited, potentially enhancing brand recognition and operational synergies within the group structure.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.79%	-1.44%	+6.75%	-21.18%	-36.63%	+508.11%

Jash engineering Limited has announced the allotment of 2,88,600 equity shares under its Employee Stock Option Scheme 2019, following approval from the company's Compensation Committee. The decision was made during a committee meeting held on March 11, 2026, as part of the company's ongoing employee incentive program.

Share Allotment Details

The allotted equity shares carry a face value of Rs. 2 each and have been issued to the Jash Group Employee ESOP Trust under the Jash Engineering Employee Stock Option Scheme 2019. These shares will rank pari passu in all respects with existing equity shares and will be covered under the same International Securities Identification Number (ISIN).

Parameter	Details
Type of Securities	Equity Share of face value Rs. 2/- each
Type of Issue	Equity shares being issued on exercise of ESOP
Total Securities Listed	2,88,600 Equity Shares
Allotment Date	March 11, 2026

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up capital structure. With the addition of these new equity shares, the paid-up capital has grown from Rs. 12,58,10,240 to Rs. 12,63,87,440.

Capital Structure	Amount (Rs.)
Previous Paid-up Capital	12,58,10,240
Revised Paid-up Capital	12,63,87,440
Capital Increase	5,77,200

Listing and Corporate Action

Jash Engineering has initiated corporate action procedures to credit the newly allotted shares with NSDL and CDSL depositories. The company already holds in-principle approval for listing these shares under the ESOP scheme, which was obtained from the National Stock Exchange of India Limited on October 15, 2019.

The allotment represents the company's commitment to its employee stock option program, providing eligible employees with equity participation opportunities. The shares issued under this scheme follow the same regulatory framework and carry identical rights as the company's existing equity shares.