Josts Engineering Incorporates Wholly Owned Subsidiary

Josts Engineering Company Ltd has announced the incorporation of its wholly-owned subsidiary, JOSTS TECHNO SOLUTIONS LIMITED, on August 24, 2026. The new entity, with an authorized and paid-up share capital of ₹1,00,000, will operate in the Engineered Products and Service Business. The subsidiary is considered a related party, with promoter directors of the parent company also serving as directors in the new entity. The company has obtained prior approval from its Audit Committee, and the investment is considered an arm's length transaction. JOSTS TECHNO SOLUTIONS LIMITED is yet to commence operations.