Josts Engineering Company Limited Promoter Group Member Acquires 10,000 Equity Shares

Josts Engineering Company Limited has disclosed the acquisition of 10,000 equity shares by promoter group member Jai Prakash Agarwal on March 30, 2026. The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The share acquisition was executed through open market purchase on March 30, 2026. Agarwal's shareholding increased from 17,04,708 shares to 17,14,708 shares, representing an increase in his voting capital percentage from 14.41% to 14.50%.

Parameter	Before Acquisition	After Acquisition	Change
Shares Held	17,04,708	17,14,708	+10,000
Voting Capital (%)	14.41%	14.50%	+0.09%
Total Diluted Capital (%)	14.41%	14.50%	+0.09%

Promoter Group Structure

Jai Prakash Agarwal is part of the promoter group, with persons acting in concert including Anita Agarwal, Krishna Agarwal, Rajendra Kumar Agarwal, Vishal Jain, Shikha Jain, and Jaikaay Tradventure Private Limited. The acquisition represents a 0.09% increase in the acquirer's stake in the company.

Company Capital Structure

The company's equity share capital remains unchanged following the transaction. The total equity share capital stands at Rs. 1,18,26,643, comprising 11,826,643 equity shares of Rs. 1/- each. No encumbrances, voting rights other than shares, or convertible securities were involved in this transaction.

Capital Structure Details	Amount/Number
Total Equity Share Capital	Rs. 1,18,26,643
Number of Equity Shares	11,826,643
Face Value per Share	Rs. 1/-
Stock Exchange Listing	BSE Limited

Regulatory Compliance

The disclosure was filed by Company Secretary Babita Kumari on March 31, 2026, in compliance with SEBI regulations. The company is listed on BSE Limited under scrip code 505750. The transaction involved no warrants, convertible securities, or other instruments that could entitle the acquirer to additional voting rights in the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.84%	-2.59%	-10.17%	-35.28%	-47.82%	+309.04%

Jost's Engineering Company Limited has successfully completed the divestment of its joint venture stake, marking a significant corporate restructuring move. The company announced the completion of its 50% equity stake sale in Suryavayu Renewable and Energy Solutions Private Limited (SRESPL) to Kay Cee Energy & Infra Limited on March 30, 2026.

Transaction Details

The divestment transaction was completed following the receipt of consideration amount and transfer of equity stake to the acquiring entity.

Parameter:	Details
Consideration Amount:	Rs. 1,03,100
Equity Stake Divested:	50%
Acquiring Company:	Kay Cee Energy & Infra Limited
Transaction Date:	March 30, 2026
Effective Date:	March 30, 2026

Corporate Development Timeline

The divestment process followed a structured timeline with prior regulatory notifications. The company had earlier intimated the stock exchange on March 24, 2026, regarding the board's approval for the divestment proposal. The transaction was subsequently completed within a week of the initial announcement, demonstrating efficient execution of the corporate restructuring plan.

Impact on Corporate Structure

With the completion of this transaction, SRESPL has ceased to be a joint venture of Jost's Engineering Company Limited effective March 30, 2026. This development represents a complete exit from the renewable energy joint venture, allowing the company to focus on its core engineering operations while realizing value from its investment in the renewable energy sector.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was submitted to BSE Limited, ensuring transparency and compliance with regulatory requirements for material corporate actions involving joint venture divestments.