Board Meeting17 Aug 2026, 05:20 pm
JOJO Ltd Board Approves 1:1 Bonus Issue, Capital Hike
AI Summary
JOJO Ltd announced outcomes from its Board Meeting held on August 17, 2026. Key decisions include the approval of a 1:1 bonus share issue, subject to shareholder approval via e-voting at the upcoming AGM. The company also proposed to increase its authorized share capital from ₹38 Crores to ₹70 Crores, pending member approval through postal ballot. Additionally, the Board approved the Director's Report and Secretarial Audit Report for the year ended March 31, 2026. The 30th Annual General Meeting (AGM) is scheduled for September 18, 2026, to be conducted via Video Conferencing. The Register of Members and Share Transfer Books will be closed from September 12 to September 18, 2026, for the AGM.
Key Highlights
- Board approved a 1:1 bonus share issue.
- Authorized share capital to increase from ₹38 Cr to ₹70 Cr.
- AGM scheduled for September 18, 2026, via Video Conferencing.
- Director's Report and Secretarial Audit Report adopted.
- Register of Members to close September 12-18 for AGM.
Price Impact
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