Bonus13 Oct 2026, 10:43 am
JOJO Ltd Approves Allotment of 6.89 Cr Bonus Shares
AI Summary
JOJO Ltd announced that its Board of Directors, in a meeting held on October 13, 2026, approved the allotment of 6,89,61,400 bonus equity shares. This follows shareholder approval at the Annual General Meeting on September 29, 2026, and BSE's in-principle approval on October 5, 2026. The bonus shares are issued in a 1:1 ratio, with a face value of Rs. 5 each. The record date for this allotment was October 12, 2026. Consequently, the company's paid-up equity share capital has increased to Rs. 68,96,14,000 post-allotment.
Key Highlights
- Board approved allotment of 6,89,61,400 bonus shares.
- Bonus shares issued in a 1:1 ratio.
- Record date for allotment was October 12, 2026.
- Company's paid-up equity capital increased post-allotment.
Price Impact
More from JOJO