Josts Engineering Co. CEO, chairman, board of directors and AGM
BSE: 505750Industrial ManufacturingSmall Cap
Share price at the BSE close on 28 Oct 2026. Previous close ₹195.70.
28 Oct: open ₹200.00, high ₹203.00, low ₹193.50
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹239 Cr2,136th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Owners' profit not stated
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.52
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.48%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 6.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.05
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 4,860
Josts Engineering Co.'s chairperson is Jai Prakash Agarwal and its managing director and CEO Vishal Jain, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 18 Sep 2026.
Josts Engineering Co. board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonJai Prakash Agarwal
- Managing director and CEOVishal Jain
- Company Secretary and Compliance OfficerBabita Kumari
6 directors3 independent2 executive1 non-executive
- Jai Prakash Agarwal · ChairpersonExecutive · joined Jan 2015 · reappointed Apr 2024 · 1 listed board · 2 committee seats
- Vishal Jain · Managing director and CEOExecutive · joined Oct 2017 · reappointed Oct 2023 · 1 listed board
- Sikha JainNon-executive · joined Aug 2016 · 1 listed board
- Pramod Kumar MaheshwariIndependent · joined Feb 2023 · 43 months as independent · 3 listed boards · 1 as independent · 2 committee seats
- Sanjiv SwarupIndependent · joined Feb 2023 · 43 months as independent · 7 listed boards · 7 as independent · 9 committee seats, 4 as chair
- Rekha Shreeratan BagryIndependent · joined Feb 2023 · 43 months as independent · 3 listed boards · 3 as independent · 8 committee seats, 4 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 2 Sep 20264 of 6 present1 independent · 33 days in between
- 30 Jul 20266 of 6 present3 independent · 71 days in between
- 19 May 20265 of 6 present3 independent
Audit Committee
Chair Sanjiv Swarup
Jai Prakash Agarwal, Rekha Shreeratan Bagry, Pramod Kumar Maheshwari
- 30 Jul 20264 of 4 present3 independent · 71 days in between
- 19 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Sanjiv Swarup
Rekha Shreeratan Bagry, Pramod Kumar Maheshwari
- 30 Jul 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Rekha Shreeratan Bagry
Jai Prakash Agarwal, Sanjiv Swarup
- 30 Jul 20263 of 3 present2 independent · 71 days in between
- 19 May 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Jai Prakash Agarwal
Vishal Jain, Sanjiv Swarup
- 30 Jul 20263 of 3 present1 independent · 71 days in between
- 19 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- Shah Gupta & Co.Peer-review certificate valid to Dec 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Josts Engineering Co. AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Josts Engineering Co. dividend history
Annual general meeting, 18 Sep 2026
11,382 shareholders on the register on 11 Sep 2026; present: 7 promoters and 39 others; votes counted by Akshay Gupta / Anubhuti Akshay & Associates.The company's voting result
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Director's and Auditor's thereon; and the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with report of Auditors thereon.MoreLess
Ordinary92.27% for7.73% againstAgainst: promoters 0.00% · institutions 0.00% · other public 47.40%
Turnout: all 57.49% · promoters 99.93% · institutions 0.00% · other public 18.10%
- To declare a final dividend and special dividend for the Financial Year ended March 31, 2026.Ordinary92.18% for7.82% against
Against: promoters 0.00% · institutions 0.00% · other public 47.95%
Turnout: all 57.49% · promoters 99.93% · institutions 0.00% · other public 18.10%
- To appoint a director in place of Mr. Jai Prakash Agarwal (DIN: 00242232), who retires by rotation at this Annual General Meeting and being eligible, has offered himself for re-appointment.OrdinaryPromoters have an interest in it86.84% for13.16% against
Against: promoters 0.00% · institutions 0.00% · other public 49.94%
Turnout: all 35.56% · promoters 54.39% · institutions 0.00% · other public 18.10%
To re-appoint Mr. Vishal Jain (DIN:00709250) as the Managing Director & Chief Executive Officer of the Company for a period of 5 (Five) consecutive years, commencing from 4th October, 2026 till 3rd October, 2031.MoreLess
OrdinaryPromoters have an interest in it85.93% for14.07% againstAgainst: promoters 0.00% · institutions 0.00% · other public 49.94%
Turnout: all 33.26% · promoters 49.61% · institutions 0.00% · other public 18.10%
To re-appoint Mr. Jai Prakash Agarwal (DIN: 00242232) as an Executive Chairman (i.e. Chairman and Whole Time Director) of the Company for a period of 5 (Five) consecutive years, commencing from 1st April, 2027 till 31st March, 2032.MoreLess
SpecialPromoters have an interest in it86.84% for13.16% againstAgainst: promoters 0.00% · institutions 0.00% · other public 49.94%
Turnout: all 35.56% · promoters 54.39% · institutions 0.00% · other public 18.10%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 15 Jun 2022Final order passed on 01.09.2026. Balance dues payable by the Company comes at Rs.13,251/- under IGST Act.
At the filing before: The Deputy Commissioner of State Tax (Mumbai) had issued show cause notice (SCN) in the previous year for the period 2017-18, alleging that the Company has wrongfully claimed ineligible input tax credit, excess input for GST on imports and RCM. The Company filed its reply to the SCN, however, the GST Authorities raised demand for tax of Rs. 65.93 Lakhs including interest and penalty thereon. The Company has filed an appeal before Appellate Authority.The appeal was admitted on 3rd October, 2022. There is no change in the status of the case further to earlier disclosure made on 11th August, 2023. Appeal is pending before the State Appellate Authority for hearing.PH was in May, 2025 and next meeting date awaited. Appeal data is resubmitted as desired. The personal hearing in the matter is fixed on 21.07.2026.MoreLess
- Tax disputeDeputy Commissioner of State Tax, MumbaiSince 2 Feb 2024Final order passed on 01.09.2026. Balance dues payable by the Company comes at Rs.22,50,143/- under IGST, CGST and SGST Act including penalty of Rs. 86,818/-.
At the filing before: The Deputy Commissioner of State Tax (Mumbai) had issued show cause notice (SCN) for the period 2018-19, alleging that the Company has wrongfully claimed ineligible and excess input tax credit. The Company filed its reply to the SCN, however, the GST Authorities raised demand for tax of Rs. 55.89 Lakhs including interest and penalty thereon. The Company has filed an appeal before Appellate Authority on 1st May, 2024. The appeal was admitted on 13th June, 2024. Appeal is pending before State Appellate Authority for hearing. PH was in May, 2025 and next meeting date awaited. Appeal data is resubmitted as desired. The personal hearing in the matter is fixed on 21.07.2026.MoreLess
- Tax disputeRENEW SOLAR ENERGY (JHARKHAND ONE) PRIVATE LIMITEDSince 13 Sep 2025Notice issued to opposite party. Matter is now listed for service of defendant on 27.11.2026
At the filing before: Company has filed suit for recovery against RENEW SOLAR ENERGY (JHARKHAND ONE) PRIVATE LIMITED in the Courts of District Judge, District New Delhi, Patiala House Court Delhi, for an amount of Rs. 78,70,280/- (Rupees Seventy Eight Lakh Seventy Thousand Two Hundred Eighty Only) (including interest) towards outstanding payment of machinery supplied and wrongfully invocation of Bank Guarantee. Case is pending for listing. Case was listed on 31.10.2025. Matter is now fixed for 30.01.2026.The next hearing date was fixed on 09.04.2026. The next hearing date was fixed on 14.08.2026MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesSep 2025 | 49.89 | Working Capital requirement | 43.58 | 43.58 | No |
| Rights IssuesSep 2025 | 49.89 | General Corporate Purposes | 6.31 | 6.31 | No |