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Board Meeting18 Sept 2026, 06:30 pm

Jonjua Overseas Ltd Board Approves Bonus Issue Completion, Forms Fund Raising Committee

AI Summary

Jonjua Overseas Ltd announced that its Board of Directors met on September 18, 2026. The board acknowledged the successful completion of the company's 8th bonus issue since 2019, alongside a dividend in 2025. A new Fund Raising Committee was formed, comprising Harmanpreet Singh Jonjua and Major Harjinder Singh Jonjua (Retd.), tasked with determining the amount, objective, and mode of future capital raising. Additionally, the board approved the recommendation of the Audit Committee regarding subscription in the Rights Issue of HSJonjua Innovateagro Private Limited. The company also reiterated its commitment to seeking new growth opportunities.

Key Highlights

  • Board acknowledged completion of the 8th bonus issue since 2019.
  • A Fund Raising Committee has been formed.
  • Committee will determine capital raising amount, objective, and mode.
  • Approved subscription in Rights Issue of HSJonjua Innovateagro Private Limited.
  • Company continues to seek new growth opportunities.