Josts Engineering Company Limited has confirmed the schedule for its 119th Annual General Meeting (AGM) set for September 18, 2026. The Board of Directors has recommended a final dividend of ₹1.25 per equity share and a special dividend of ₹3.75 per share for FY26, subject to shareholder approval.

The company submitted its annual report for the financial year 2025-26 to the Bombay Stock Exchange on August 26, 2026. This filing was made pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Newspaper advertisements containing the notice were published on August 27, 2026, in The Free Press Journal (English) and Navshakti (Marathi).

Dividend Recommendation

The Board, at its meeting held on May 19, 2026, recommended the dividends based on a face value of ₹1 per equity share. The final dividend represents 12.5% of the face value, while the special dividend represents 37.5%. If approved at the AGM, the total payout will be ₹5 per share.

The record date for determining entitlement to both the final and special dividends is fixed as September 11, 2026. The dividend payment is scheduled to be made on or before October 17, 2026.

Meeting and E-Voting Details

The 119th AGM will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM) starting at 2:00 pm. Shareholders holding shares as on the cut-off date of September 11, 2026, are eligible to vote.

Remote e-voting facilities are provided by National Securities Depository Limited (NSDL). The remote e-voting period begins on September 15, 2026, at 9:00 am and ends on September 17, 2026, at 5:00 pm. Members who have not cast their votes remotely may vote during the meeting via the VC/OAVM facility.

Annual Report Distribution

Shareholders with registered email addresses received the annual report electronically on August 26, 2026. For those without registered emails, the company sent letters containing web-links and QR codes to access the document, in compliance with Regulation 36(1)(b) of the SEBI LODR Regulations. The documents are also available on the company's website and the NSDL e-voting portal.

Babita Kumari, Company Secretary (Membership No. A40774), issued the notice on behalf of the Board of Directors.

Josts Engineering Company has incorporated a wholly owned subsidiary named Josts Techno Solutions Limited. The Ministry of Corporate Affairs issued the certificate of incorporation on August 24, 2026.

The new entity will operate in the engineered products and service business sector. Josts Engineering holds 100% stake in the subsidiary, which has an authorised share capital of ₹1,00,000 and a paid-up share capital of ₹1,00,000.

Incorporation Details

The subsidiary was incorporated with an initial subscribed capital of ₹1,00,000, comprising 10,000 equity shares of ₹10 each. The company received the incorporation certificate on August 25, 2026, at 12:51 am.

Josts Techno Solutions Limited is yet to commence operations. No governmental or regulatory approvals were required for this incorporation.

Governance and Related Party Disclosure

The subsidiary is classified as a related party of the parent company. Promoter directors of Josts Engineering Company Limited also serve as directors of Josts Techno Solutions Limited.

The investment in the subsidiary was made at arm's length basis. The company obtained prior approval from its Audit Committee for this transaction.