Jyoti Structures Limited has received a favorable ruling from the National Company Law Tribunal (NCLT) Mumbai Bench regarding contempt applications filed against non-fund based lenders. The company disclosed this development to stock exchanges on February 18, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

NCLT Order Details

The tribunal issued its order on February 16, 2026, which was uploaded on February 17, 2026. The order addresses contempt applications filed by Jyoti Structures Limited and certain shareholders against non-fund based lenders.

Tribunal Directions

The NCLT Mumbai Bench allowed the contempt applications and issued specific directions to the respondent lenders. To purge the contempt and meet the ends of justice, the tribunal has directed that the respondents must release rolled over non-fund based (NFB) limits within one month from the date of communication of this order.

The tribunal's reasoning emphasized the ongoing business relationship between the parties, noting that both the applicant and respondents have a long way to go together. The order specifically mentioned that any disharmony between them may be prejudicial to their business interests.

Previous Disclosure Reference

This latest communication serves as a follow-up to the company's earlier disclosure dated October 13, 2025. The company has maintained transparency with stakeholders by providing regular updates on this matter through proper regulatory channels.

Corporate Communication

The disclosure was signed by Sonali K. Gaikwad, Company Secretary (FCS 13908), and communicated to both BSE Limited (Scrip Code: 513250) and National Stock Exchange of India Limited (Symbol: JYOTISTRUC). The company requested the exchanges to take this information on record for the benefit of all stakeholders.

Jyoti Structures Limited has announced the appointment of Amit Dutta as Chief Operating Officer (COO), effective February 05, 2026. The appointment was formally communicated to stock exchanges under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

Leadership Appointment Details

Professional Background and Experience

Amit Dutta brings extensive industry expertise to his new role, with 36 years of experience in the transmission and distribution sector. His professional background encompasses multiple critical areas including business development, tendering, project execution, and contract management with cost and time control capabilities.

Prior to this appointment, Dutta spent over six years with another sector company as Senior Vice President, where he led EPC transmission projects across the Africa region and several North and South American countries. His experience includes managing execution in challenging operating environments, along with claims management and stakeholder engagement responsibilities.

Role and Responsibilities

In his capacity as COO, Dutta will oversee operations within Jyoti Structures' EPC portfolio. His key focus areas include:

• Execution discipline across project operations
• Operational governance and efficiency enhancement
• Timely and cost-efficient project delivery
• Strengthening alignment between project functions
• Supporting disciplined delivery within the EPC portfolio

Company Association History

This appointment marks Dutta's return to Jyoti Structures, representing his second stint with the company. His association with the organization spans nearly three decades, beginning in 1991 when he joined as an Assistant Engineer. Throughout his tenure, he has held multiple leadership positions covering project execution, coordination, business development, tendering, and marketing functions. He has been associated with several landmark transmission projects both in India and overseas markets.

Management Commentary

Rajesh Kumar Singh, CEO of Jyoti Structures Limited, commented on the appointment: "Amit's appointment strengthens our operational leadership at a critical phase of the company's journey. His deep execution experience, long-standing association with Jyoti Structures, and exposure to complex domestic and international projects make him well placed to support disciplined delivery and operational efficiency within our EPC portfolio."

Amit Dutta expressed his perspective on rejoining the company: "I am pleased to rejoin Jyoti Structures at an important phase in its journey. The company has a strong legacy in power transmission EPC, and my focus will be on supporting disciplined execution, strengthening operational efficiencies, and ensuring consistent delivery on complex projects in diverse operating environments."

Recent Company Developments

Jyoti Structures recently commissioned galvanisation operations at its second tower manufacturing unit in Nashik, expanding manufacturing capacities to support execution for ongoing and future projects. The company also reported strong Q3 FY2025-26 performance, reflecting robust execution momentum and improved operational discipline within its core businesses.