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.