Newspaper Publication regarding extension of closing date of Rights Issue
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Josts Engineering Company Limited has extended the closing date of its ongoing Rights Issue by one day, from Tuesday, September 9, 2025 to Wednesday, September 10, 2025. The issue, which opened on August 29, 2025, is offering up to 18,47,913 equity shares at ₹270 per share (including a premium of ₹269), aggregating up to ₹4,989.37 lakhs, in the ratio of 5 rights shares for every 27 fully paid-up shares held on the record date of August 20, 2025. The Rights Issue Committee approved the extension on September 6, 2025, citing a bank holiday on September 8, 2025 and multiple shareholder requests for more time to subscribe. Newspaper ads were published on September 8, 2025 in Financial Express, Jansatta, and Mumbai Lakshdeep.
Eligible shareholders now have until September 10, 2025 to submit their application forms. The one-day extension is a minor administrative change and does not alter the issue size, price, or entitlement ratio, so it is unlikely to have any material effect on the stock price.