Josts Engineering: Rights issue opens

| Updated on January 09, 2018 Published on November 29, 2017

Shares of Josts Engineering Company will remain in focus, as the ₹10-crore rights issue of the company opens for subscription on Thursday.

It will issue 22 shares of ₹10 each on rights basis at ₹594 a share for every 100 shares held in the company.

Josts Engineering had fixed November 21 as the record date to identify eligible shareholders to participate in the rights issue.

Analysts will watch the response to the rights issue, as the BSE-listed stock is currently hovering around ₹885.

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Published on November 29, 2017
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