Jost's Engineering: Open offer from today

Jost’s Engineering Company will remain in focus over the next few days, as the open offer from Jai Prakash Agarwal and Vishal Jain along with PACs, opens on Friday. It will close on December 19. They plan to acquire 1.98 lakh shares at an offer price of ₹410 a share. Currently, promoters hold 48.38 per cent stake while about 1,500 individual shareholders control 48.89 per cent. Among them, seven HNIs (including Akshay Raheja and Viren Raheja) hold 24.98 per cent.