Jonjua Overseas Ltd — Updates, 23-06-2025: Company Update

Jonjua Air Limited has announced a board meeting to approve a 1:10 bonus issue, granting one bonus share for every 10 equity shares held, subject to shareholder and regulatory approvals. Jonjua Overseas Limited, a key shareholder, will receive bonus shares proportional to its holdings. This move reflects the company’s intent to reward shareholders and enhance share liquidity, indicating confidence in its financial health. The board includes Major Harjinder Singh Jonjua (Managing Director) and Harmanpreet Singh Jonjua (Director), both bringing strong leadership and governance experience.