Jost's Engineering Secures Rs. 6.52 Crore Order from North Bihar Power Distribution Company

1 min read     Updated on 12 Sept 2025, 02:31 PM
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Riya DeyScanX News Team
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Overview

Josts Engineering Company Limited has received a purchase order worth Rs. 6.52 crore from North Bihar Power Distribution Company Limited. The order involves designing, manufacturing, and supplying three Malfunction Test Kits for power distribution systems. The project has a five-month completion timeline from the September 9 order date. This order highlights Josts Engineering's strong position in the power equipment market and reflects ongoing investments in India's power distribution infrastructure.

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*this image is generated using AI for illustrative purposes only.

Josts Engineering Company Limited, a prominent player in the engineering sector, has announced a significant new order that promises to bolster its order book. The company has received a purchase order worth Rs. 6.52 crore from North Bihar Power Distribution Company Limited, marking a notable development in its business operations.

Order Details

The order, valued at Rs. 6,52,14,354.36 (including GST and other relevant charges), involves the design, manufacture, assembly, testing, supply, and delivery of three Malfunction Test Kits. These specialized kits are crucial for maintaining and troubleshooting power distribution systems, highlighting Josts Engineering Company's expertise in providing critical equipment for the power sector.

Project Timeline

According to the company's filing with the BSE, the purchase order was issued on September 9. Josts Engineering Company is required to fulfill the order within a five-month timeframe from the date of the purchase order.

Significance of the Order

This order from North Bihar Power Distribution Company Limited underscores Josts Engineering Company's strong position in the power equipment market. It also reflects the ongoing investments in India's power distribution infrastructure, particularly in the state of Bihar.

Company's Disclosure

In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Josts Engineering Company promptly disclosed the order details to the stock exchange. The company's secretary, Babita Kumari, filed the intimation on September 12, demonstrating the company's commitment to transparency and regulatory compliance.

Conclusion

This new order is expected to contribute positively to Josts Engineering Company Limited's revenue stream in the coming quarters. It also reinforces the company's reputation as a reliable supplier of specialized engineering equipment for the power distribution sector.

Historical Stock Returns for Josts Engineering Company

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+2.54%+13.07%-16.74%-0.58%-38.63%+587.01%
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Josts Engineering Extends Rights Issue Closing Date to September 10, 2025

1 min read     Updated on 06 Sept 2025, 07:26 PM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Josts Engineering Company Limited has extended the closing date of its ongoing rights issue from September 9, 2025, to September 10, 2025. This decision was made to accommodate shareholder requests and a bank holiday. The extension aims to allow better participation from eligible shareholders. The rights issue opened on August 29, 2025. The company has provided an updated timeline for the rights issue process, including new dates for finalization of allotment basis, allotment, credit, and listing. Shareholders must submit their Composite Application Form by September 10, 2025. No other changes have been made to the Letter of Offer, CAF, or Abridged Letter of Offer dated August 13, 2025.

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*this image is generated using AI for illustrative purposes only.

Josts Engineering Company Limited has announced an extension to the closing date of its ongoing rights issue, providing shareholders with an additional day to participate. The company's Rights Issue Committee made this decision in response to multiple requests from eligible shareholders and to accommodate a bank holiday.

Key Points of the Extension

  • The rights issue closing date has been extended from September 9, 2025, to September 10, 2025.
  • The extension aims to allow better participation from eligible shareholders and provide adequate time for subscription.
  • The rights issue originally opened on August 29, 2025.

Revised Schedule

The company has provided an updated timeline for the rights issue process:

Activity Date
Issue Closing Date September 10, 2025
Finalization of Basis of Allotment September 18, 2025
Date of Allotment September 19, 2025
Date of Credit September 23, 2025
Date of Listing September 24, 2025

Important Details for Shareholders

  • The last date for submission of the duly filled Composite Application Form (CAF), along with the amount payable on application, is now September 10, 2025.
  • Eligible shareholders are advised to take note of the new Issue Closure Date.
  • There are no changes to the Letter of Offer (LOF), CAF, and Abridged Letter of Offer (ALOF) dated August 13, 2025, except for the modification in the Issue Closing date and the resultant changes in the post-issue activities timeline.

The decision to extend the closing date was made during a Rights Issue Committee meeting held on September 6, 2025. The meeting commenced at 6:00 PM and concluded at 6:45 PM.

Josts Engineering Company Limited has made this announcement in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders and potential investors are encouraged to review the updated schedule and make informed decisions regarding their participation in the rights issue.

Historical Stock Returns for Josts Engineering Company

1 Day5 Days1 Month6 Months1 Year5 Years
+2.54%+13.07%-16.74%-0.58%-38.63%+587.01%
Josts Engineering Company
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