Jash Engineering Limited's Insignificant Exposure to Jal Jeevan Mission Projects

Jash Engineering Limited has clarified its business exposure to projects under the Government of India’s Jal Jeevan Mission (JJM). The company is not involved in piping manufacturing or commercial valves manufacturing, limiting its exposure to treatment plants. However, most water treatment plants under JJM were small-sized and executed by small contractors who opted for cheaper suppliers. As a result, Jash had no major role in JJM projects. The company has no outstanding receivables in respect of any orders relating to Jal Jeevan Mission projects and considers its exposure to JJM as insignificant.