Jonjua Overseas to Raise Up to ₹14.70 Crores

Jonjua Overseas Ltd announced that its Board of Directors has approved a plan to raise capital up to ₹14.70 crores. The funds will be utilized for repayment of amounts due, meeting issue expenses, working capital requirements, and general corporate purposes. The Board also acknowledged the company's work in newer fields like bio-fuels and cleaner energy. Additionally, the company has received a new CIN number due to an updated NIC Code and has paid a fine of ₹2,000 plus GST to BSE, clarifying that Regulation 43A of SEBI LODR is not applicable as it is not among the top 1000 companies.