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Jost’s Engineering gets nod for issue of additional corporate guarantee

04 Feb 2019 Evaluate

Jost’s Engineering Company has received an approval for issue of additional Corporate Guarantee to the extent of Rs 410 lakh by the company, in favour of Zoroastrian Cooperative Bank (ZCBL) in connection with Loan sanctioned by ZCBL, to company's Subsidiary, namely, MHE Rentals India. The Board of Directors of the company in its meeting held on February 02, 2019, approved the same.

Jost’s Engineering Company is an India-based company, which is engaged in the sale of manufactured material handling equipment. The company is also engaged in the sale of traded goods-engineered products.

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