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JONJUA OVERSEAS LIMITED's board has approved the allotment of 11,54,607 fully paid-up Bonus Equity Shares. Shareholders will receive 1 bonus share for every 20 shares held, each with a face value of Rs. 10. This allotment increases the company's paid-up share capital from approximately Rs. 23.09 Cr (2.31 Cr shares) to approximately Rs. 24.25 Cr (2.42 Cr shares). This move indicates the company's confidence and enhances shareholder value by increasing the number of shares held by existing investors.