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Jost's Engineering Company Ltd. Company History and Annual Growth Details

YEAR EVENTS
1907 - The company was incorporated. The main objects of the Company is
to carry on the business of electrical and mechanical engineering
and holds agencies for American, British and other European
manufacturer of electrical and mechanical Engineering equipment.
It is also engaged in the manufacturing of material handling
equipment and other engineering products.

1918 - The name was changed to "Jost's Engineering Co. Ltd.", during the
year.

1947 - 4,000 Bonus Equity shares issued in prop. 1:1.

1949 - 4,000 Right Equity shares issued (prem. Rs 10 per share; prop.
1:2).

1962 - In October, 18,000 Rights shares issued at par (prop. 3:2).

1964 - In March, 10,000 Right Equity shares offered at par in prop. 1:3.
Only 8,000 shares taken up.

1969 - The Company acquired the exclusive agency in India of Nuclear
Enterprises, Ltd., England, manufacturers of nucleonic
instruments.

1983 - The Company holds 71,330 No. of equity shares in Kerry Jost
Tools, Ltd.

- A joint venture company `Haden Josts Engineering India Pvt. Ltd.'
had been formed with Haden Drysy International Ltd. U.K.

1986 - During the year, a four wheeled electric load carrying vehicle
was added to the materials handling division.

1988 - 1,90,000 Bonus Equity shares issued in prop. 1:1.

1990 - The industrial finishing division supplied a plant for the
painting of marine containers while making steady progress in
standard products and paint finishing systems.

- A new model of the Pygmy hydraulic pallet truck introduced last
year was well received in the market.

1993 - During the year in-house development of new Diesel Fork Lift
Trucks incorporating the latest technology was taken up and
successfully introduced in the market.

1994 - 3,80,000 Right Equity shares at a prem. of Rs 30 per share
issued in prop. 1:1. Out of 20,000 No. of Equity shares
reserved for employees. Only 4,650 shares taken up.

2008

-Company has informed that the E-mail ID of the Compliance Officer of the Company is as under:

[email protected]

2009

-The Company has recommended a dividend of Rs 7.50 (75%) per share for the year ended March 31, 2009.

2010

-The Company has recommended a dividend of Rs. 10.00 (100%) per share for the year ended March 31, 2010.

2011

-The Company have recommended a dividend of Rs. 20.00 (200%) per share for the year ended March 31, 2011.

2012

-The Company have recommended a Dividend of Rs. 25/- Per Equity Share of Rs. 10/- each

2013

-The Company have recommended dividend of Rs. 15/- Per equity share of Rs. 10/- each

2014

-The Company have recommended a dividend of Rs. 12.50 (125%) per share for the financial year ended March 31, 2014.
-The Company have recommended a Dividend of Rs. 25/- Per Equity Share of Rs. 10/- each

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