General information about company

Name of The CompanyJOSTS ENGINEERING COMPANY LIMITED
BSE Scrip Code505750
NSE SymbolNOTLISTED
MSE SymbolNOTLISTED
Date of Start of Financial Year01-04-2024
Date of End of Financial Year31-03-2025
Reporting PeriodFirst half yearly
Date of Start of Reporting Period01-04-2024
Date of End of Reporting Period30-09-2024
Level of rounding to be used in disclosing related party transactionsLakhs
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated10-02-2022
Indicate Company website link for updated RPT policy of the Companychrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://josts.com/uploads/investor/policies/Policy-on-Related-Party-Transaction-10-02-2022.pdf






Related party transactions

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanySale of goods or services1000NA49.4540.5919.73Textual Information(1)
2Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanyAny other transactionCommission received50NA4.217.0611.1Textual Information(2)
3Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanyAny other transactionCorporate Guarantee issued1000NA0977.36977.36Textual Information(3)
4Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidairy CompanyLoan100NA8510.2195Loan0.11270 daysUnsecured Working capitalTextual Information(4)
5Jost's Engineering Company LimitedAAACJ1658AStovec Industries LimitedAABCS7223DDirectors interestSale of goods or services100NA0.2400Textual Information(5)
6Jost's Engineering Company LimitedAAACJ1658AMr. Rohit JainAJRPJ5241NChief Financial OfficerRemunerationNA14.4500Textual Information(6)
7Jost's Engineering Company LimitedAAACJ1658AMrs. Babita KumariBYWPK6278HCompany SecretaryRemunerationNA7.0300Textual Information(7)
8Jost's Engineering Company LimitedAAACJ1658AMr. Jai Prakash AgarwalADEPA2174LChairman and Whole Time DirectorRemunerationNA23.4200Textual Information(8)
9Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JSubsidiary CompanySale of goods or servicesNA647.8770.18256.5Textual Information(9)
10Jost's Engineering Company LimitedAAACJ1658AMr. Vishal JainAFOPJ4992FManaging Director and CEORemunerationNA0.600Textual Information(10)
11Jost's Engineering Company LimitedAAACJ1658ABHARAT WIRE ROPES LTD.AABCB2180NDirectors InterestSale of goods or servicesNA0.420.070.11Textual Information(11)
12Jost's Engineering Company LimitedAAACJ1658AMrs. Shikha JainAFVPJ0197BWomen DirectorAny other transactionSitting feesNA0.700Textual Information(12)
13Jost's Engineering Company LimitedAAACJ1658AMr. Sanjiv SwarupALFPS9863HNon-Executive Independent DirectorAny other transactionSitting feesNA1.400Textual Information(13)
14Jost's Engineering Company LimitedAAACJ1658AMrs. Rekha BagryAAYPB0807ENon-Executive Independent DirectorAny other transactionSitting feesNA1.400Textual Information(14)
15Jost's Engineering Company LimitedAAACJ1658AMr. Pramod MaheshwariABYPM2876KNon Executive Independent DirectorAny other transactionSitting feesNA0.4500Textual Information(15)
16Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JWholly Owned Subsidiary CompanyLoan1500NA554.6429.18983.78Loan0.0925365 DaysUnsecured for Capex investmentTextual Information(16)
17Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JWholly Owned Subsidiary CompanyInterest received100NA33.6800Textual Information(17)
18Jost's Engineering Company LimitedAAACJ1658AMHE Rentals India Pvt LtdAAKCM7905PWholly Owned Subsidiary CompanyInterest received100NA4.200Textual Information(18)
19Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JWholly Owned Subsidiary CompanyPurchase of goods or services5000NA665.8100Textual Information(19)
20Jost's Engineering Company LimitedAAACJ1658AJECL Engineering LtdAAFCJ8473JWholly Owned Subsidiary CompanyAny other transactionCorporate Guarantee issued2000NA140001400Textual Information(20)
21JECL Engineering LtdAAFCJ8473JJost's Engineering Company LimitedAAACJ1658AHolding CompanyAny other transactionCorporate Guarantee issued2900NA290002900Textual Information(21)
22MHE Rentals India Pvt LtdAAKCM7905PMr. L Sharath KumarAAOPK5537GDirector of MHE Rentals India Private LimitedAny other transactionSitting feesNA0.100Textual Information(22)
23MHE Rentals India Pvt LtdAAKCM7905PMr. Pramod PophaleAACPP0103HDirector of MHE Rentals India Private LimitedAny other transactionSitting feesNA0.100Textual Information(23)
24MHE Rentals India Pvt LtdAAKCM7905PMr. Sanjiv SwarupALFPS9863HNon-Executive Independent DirectorAny other transactionSitting feesNA0.100Textual Information(24)
25MHE Rentals India Pvt LtdAAKCM7905PMr. Vishal JainAFOPJ4992FWhole time DirectorRemunerationNA23.6700Textual Information(25)
Total value of transaction during the reporting period6418.9