Josts Engineering has informed that the Board of Directors of the Company, at its Meeting held today, 13th November, 2018, at the Registered Office of the Company, situated at Great Social Building, Sir Phirozeshah Mehta Road, Fort, Mumbai-400001, has approved the Unaudited Financial Results, for the quarter ended 30th September, 2018, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and extract of the same to be published in the newspapers, pursuant to Regulations 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Accordingly, the said Financial Results alongwith Limited Review Report of the Statutory Auditors, namely, Singhi & Co., Chartered Accountants, are enclosed. Issue of Corporate Guarantee of Rs 4.36 Crores by the company, in favour of ICICI Bank in connection with Loan sanctioned by ICICI Bank, to Company's Subsidiary, namely, MHE Rentals India Private. Issue of additional Corporate Guarantee to the extent of Rs 39.08 Lakhs by Josts Engineering Company, in favour of SREI Equipment Finance Limited, in connection with the Loan given by it to the Companys Subsidiary, namely, MHE Rentals India Private. Winding Up of Company's Wholly Owned Subsidiary, namely, Josts Engg. Global- F.Z.E, UAE. Issue of Corporate Guarantee to the extent of Rs 10 crores by Josts Engineering Company Limited, in favour of body corporate/(s) or person/(s) giving loan/(s) to Companys Subsidiary/ ies.
The above information is a part of company’s filings submitted to BSE.
