Jonjua Overseas Ltd — Others, 28-06-2025: AGM/EGM

Jonjua Overseas Limited has announced a board meeting on 21st July to discuss multiple key matters. The agenda includes increasing the authorized share capital from Rs. 24.95 Cr to Rs. 49.95 Cr and corresponding amendments to the Memorandum of Association. The Board seeks approval for authorization to grant loans, make investments, and intercorporate loans up to the extent of the company’s paid-up capital and reserves. A bonus issue of 1 share for every 20 shares held is proposed to improve liquidity and affordability. The company also plans to acquire the well-known trade name "MAJOR HSJONJUA" to enhance its brand portfolio. Additionally, the meeting will approve related party transaction limits of up to Rs. 50 Cr with promoters and affiliated entities. These steps aim to strengthen financial flexibility, expand business scope, and formalize dealings with related parties, supporting future growth and shareholder value.