Josts Engineering Company held its 119th Annual General Meeting on September 18, 2026. The gathering focused on adopting financial results for FY26 and approving dividend payouts for shareholders.

The meeting was conducted through video conferencing and other audio-video visual means. Jai Prakash Agarwal, Chairman and Whole Time Director, presided over the proceedings. Babita Kumari, Company Secretary, confirmed that the requisite quorum was present and statutory registers were available for electronic inspection.

Key Resolutions Passed

Shareholders transacted several items of ordinary and special business during the session. The primary agenda included the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026.

Leadership Continuity

The Board sought approval for key leadership tenures. Members voted to re-appoint Vishal Jain as Managing Director and Chief Executive Officer for five consecutive years, effective from October 4, 2026, to October 3, 2031.

Additionally, a special resolution was passed to re-appoint Jai Prakash Agarwal as Executive Chairman for a five-year term commencing April 1, 2027, and ending March 31, 2032. Mr. Agarwal also offered himself for re-appointment as a director retiring by rotation.

Governance and Compliance

M/s Anubhuti Akshay & Associates served as the scrutinizer for the e-voting process. The Company Secretary noted that there were no qualification remarks in the Statutory Auditors' or Secretarial Auditor's reports. Remote e-voting results were consolidated and submitted to stock exchanges for record.

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.