Jonjua Overseas Ltd — Board Meeting, 26-06-2025: Board Meeting

Jonjua Overseas Limited has announced a board meeting approving a proposed increase in authorized share capital from Rs. 24.95 Cr to Rs. 49.95 Cr, subject to shareholder approval. The board approved a 1:20 bonus share issue, adding 11.54 lakh fully paid equity shares, also pending shareholder consent. It has also raised the limit for related party transactions from Rs. 20 Cr to Rs. 50 Cr for approval at the upcoming extraordinary general meeting (EGM). The EGM is scheduled to be held at the company’s Mohali office, with the book closure for shareholders from July 12 to 21. These moves aim to strengthen the equity base and facilitate business transactions.