Announcements

Pursuant to the Regulation 30 read with Part A of Schedule III to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that Infomerics Valuation and Rating Private Limited Credit Rating Agency, has upgraded our rating in respect of bank facilities availed by the company, as per the attached intimation.

In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from July 01, 2024 till 48 hours from the date of Board Meeting where in the financial results of the Company for the quarter ending on June 30, 2024 will be approved.

The date of the Board Meeting on which the said results will be considered shall be intimated in due course of time.

Pursuant to Regulation 32 (3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, a statement of deviation(s) or variation(s), if any, in utilization of IPO proceeds, as reviewed by Audit Committee, is enclosed herewith.

Kindly note that changes may happen due to exigencies on the part of the Company.

Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) as amended from time to time, we hereby submit Annual Secretarial Compliance Report of the Company for the year ended March 31, 2024 issued by M/s. N S Dave & Associates, Practicing Company Secretary.

Kindly note that changes may happen due to exigencies on the part of the Company.

Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company hereby submits related party transactions of the Company for the half year ended September 30, 2023.

Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) as amended from time to time, we hereby submit Annual Secretarial Compliance Report of the Company for the year ended March 31, 2024 issued by M/s. N S Dave & Associates, Practicing Company Secretary.

Kindly note that changes may happen due to exigencies on the part of the Company.

In continuation of our communication date May 12, 2024 and this is to herewith inform that the Board of Directors of Jyoti CNC Automation Limited at its meeting held today i.e. Saturday, May 18, 2024 inter-alia approved:

1. Audited Standalone and Consolidated financial results along with report of Auditor thereon for the quarter and financial year ended on March 31, 2024. The financial results along with the report of Auditor with an unmodified opinion are attached herewith;

2. Appointment of M/s. N. S. Dave & Associates (Membership No. A37176, CP No. 13946) Practicing Company Secretaries, Jamnagar, as Secretarial Auditors to conduct the secretarial audit of the Company for FY 2024-25. Detailed information pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 in respect of appointment of secretarial auditor is given in Annexure-A attached herewith.

The meeting of Board of Directors commenced on 1:30 P.M. and ended on 04:15 P.M.

Pursuant to Regulation 32 (6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Regulation 41 (4) of the SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2018, a report received from CARE Ratings Limited, Monitoring Agency, on utilization of IPO Proceeds till the quarter ended on March 31, 2024, is enclosed herewith.

Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, this is to inform that meeting of Board of Directors of the company is convened on Saturday May 18, 2024 to discuss and approve, inter alia, standalone and consolidated financial results for the quarter and financial year ended on March 31, 2024.

Further, in continuation of our earlier intimation of closure of Trading Window, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window has already been closed with effect from April 01, 2024 for all designated persons and insider and shall remain closed till 48 hours post the announcement of the audited standalone and consolidated financial results for the quarter and financial year ended on March 31, 2024.

This is to inform that the company has received compounding orders passed by statutory authority. Relevant details as required under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 are provided in Annexure A.

Company will take decision after verification of details of the orders and consulting with External Advisor.

I In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from April 01, 2024 till 48 hours from the date of Board Meeting where in the financial results of the Company for the quarter/ year ended on March 31, 2024 will be approved.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.

Pursuant to Regulation 29 of the SEBI Listing Regulations, 2015, we hereby inform the Stock Exchange that the Meeting of Board of Directors of the Company is scheduled to be held on Wednesday, February 14, 2024 inter alia to consider and approve the un-audited standalone and consolidated financial results for the quarter/ nine months ended on December 31, 2023.

Further, as communicated earlier, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, and as per the Company’s Code to Regulate, Monitor and Report Trading by Insiders, the trading window for dealing in the securities of the Company has been closed up to forty-eight hours after the announcement of the un-audited standalone and consolidated financial results for the quarter/ nine months ended on December 31, 2023.

With reference to the above subject, we hereby inform that, Pursuant to full repayment of loan, EXIM Bank has vide its letter dated February 02, 2024 withdrawn Nomination of Mr. Rikesh Chand (DIN: 08769636) from the Board of Director of the Company and accordingly Mr. Rikesh Chand (DIN: 08769636) Nominee Director, cease to be the Nominee Director of the company with immediate effect.

The Cessation letter with the confirmation under clause 7C of Para A of Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Circular bearing reference no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 are attached herewith.

With reference to the above subject and Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), we would like to inform you that the Board of Directors of the Company has approved and passed the resolution by circulation on today i.e January 29, 2024, Approved the Fresh investment of INR 150,00,00,000 in Jyoti SAS, a Wholly Owned Subsidiary of the Company.

The disclosure under Regulation 30 of SEBI Listing Regulations and the SEBI circular dated July 13, 2023 is attached herewith.

In terms of provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended and Company’s Code of Conduct to regulate, monitor and report trading by Designated Persons, the Trading Window for dealing in securities of the Company by Designated Persons shall remain closed from January 16, 2024 (“Listing Date”) till 48 hours after the declaration of the financial results for the quarter ending on December 31, 2023 for all designated persons of the Company.

The date of the Board Meeting at which the said results will be considered shall be intimated in due course of time.