Board Meeting19 Oct 2026, 06:00 pm
JOJO Ltd Board Meeting Scheduled for Oct 26 to Approve Stock Split
AI Summary
JOJO Ltd has announced that its Board of Directors will convene on October 26, 2026, to consider and approve a stock split. The proposed split involves subdividing equity shares from a face value of Rs. 5 to Rs. 1, subject to shareholder approval via postal ballot. The meeting will also address alterations to the Memorandum of Association, draft notices for the postal ballot, and fixing a record date for voting eligibility. This move aims to increase liquidity and make shares more accessible to a wider investor base.
Key Highlights
- Board meeting scheduled for October 26, 2026.
- Proposal to approve stock split from Rs. 5 to Rs. 1 face value.
- Shareholder approval required via postal ballot.
- Alteration of Memorandum of Association to be considered.
- Record date for postal ballot voting to be fixed.
Price Impact
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