Jost's Engineering has received approval for incorporation of wholly owned subsidiary of the company in India, which would help the company to leverage the future growth opportunities. The proposed wholly owned subsidiary company to be incorporated in India shall carry out the business in the field of Engineered Products and Service. The Board of Directors of the company, at its Meeting held on March 24, 2026, has approved the same.
The company has also received approval for divestment of 50% of its equity investment in its Joint Venture, namely Suryavayu Renewable and Energy Solutions (SRESPL), to Kay Cee Energy & Infra, at fair market value arrived in Valuation Report that is Rs 4.124 per share. Post the Proposed Transaction, SRESPL shall cease to be the Joint Venture.
Jost's Engineering Company operates in three divisions, including material handling division, industrial finishing division and engineered products division.
| Company Name | CMP |
|---|---|
| BHEL | 316.70 |
| Thermax | 4141.20 |
| Kirloskar Oil Eng | 1616.95 |
| Skipper | 433.50 |
| GMM Pfaudler | 931.05 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: