Josts Engineering Company Limited

Meeting Details

The 119th Annual General Meeting of Josts Engineering Company Limited was held on Friday, 18th September 2026 at 02:00 P.M. through Video Conferencing (VC) and Other Audio Video Visual Means (OAVM).

Meeting Proceedings

Mr. Jai Prakash Agarwal (DIN: 00242232), Chairman and Whole Time Director, presided as the Chairperson. Directors present introduced themselves, and the Company Secretary confirmed requisite quorum was present before calling the meeting to order.

The Company Secretary informed members that:

  • Statutory Registers maintained as per the Companies Act, 2013 were kept open electronically for inspection during the AGM
  • There were no qualification remarks reported by the Statutory Auditors and Secretarial Auditor in their Audit Reports
  • Members were apprised of remote e-voting facility and e-voting system during the AGM

The Chairman addressed members and briefed them on the company's workings. Registered speaker members asked questions and sought clarifications through VC/OAVM, which the Chairman responded to satisfactorily.

Voting Arrangements

M/s Anubhuti Akshay & Associates, a firm of Practicing Company Secretaries (Firm registration no: P2015RJ043900), was appointed as Scrutinizer to scrutinize the entire e-voting process (remote e-voting and e-voting during AGM) in a fair and transparent manner.

Members who had not cast their vote through remote e-voting were permitted to cast votes through the e-voting system provided during the AGM on the following resolutions:

Business Transacted

Ordinary Business:

  • Resolution 1: To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026 together with Reports of Directors and Auditors; and the Audited Consolidated Financial Statements for the financial year ended March 31, 2026 together with report of Auditors thereon (Ordinary Resolution)

Special Business:

  • Resolution 4: To re-appoint Mr. Vishal Jain (DIN: 00709250) as the Managing Director & Chief Executive Officer of the Company for a period of 5 consecutive years, commencing from 4th October 2026 till 3rd October 2031 (Ordinary Resolution)
  • Resolution 5: To re-appoint Mr. Jai Prakash Agarwal (DIN: 00242232) as an Executive Chairman (Chairman and Whole Time Director) of the Company for a period of 5 consecutive years, commencing from 1st April 2027 till 31st March 2032 (Special Resolution)

Meeting Conclusion

The e-voting facility remained open for 15 minutes after the meeting to enable shareholders to cast votes. The meeting concluded at 02:52 P.M. Results of remote e-voting and e-voting during the AGM along with consolidated Scrutinizer's Report were to be informed to the Stock Exchange and placed on the company's website as well as on NSDL's website.

Financial Impact

Financial impact not quantified in the disclosure. The resolutions primarily concern adoption of financial statements and management reappointments.