Jonjua Overseas Ltd — Dividend/Bonus, 18-12-2025: Corp. Action
18-12-2025 | 01:02 pm
18-12-2025 | 01:02 pm
Jonjua Overseas' board has approved a bonus share issue in a 5:40 ratio, meaning five new shares for every forty held, each at Rs. 10. This will increase paid-up capital from Rs. 24.25 Cr to Rs. 27.28 Cr, utilizing Rs. 3.03 Cr from free reserves. The company has Rs. 5.15 Cr in available reserves for this. This move rewards shareholders and is subject to their approval at an Extra Ordinary General Meeting on January 13. The board also proposed amending the company's Memorandum of Association.
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