Clarification26 Oct 2026, 01:10 pm
JOJO Ltd Revises Board Meeting Details for Dubai Subsidiary Incorporation
AI Summary
JOJO Ltd has issued a revised intimation regarding its Board Meeting held on October 16, 2026. The meeting commenced at 05:00 PM and concluded at 05:30 PM. During this meeting, the Board approved the proposal to incorporate a private company in the Dubai International Financial Centre (DIFC), initially proposed to be named "Jojo Holdings Ltd.". Mr. Dhruvin Shah has been authorized to make any necessary changes to the company's name and execute incorporation documents. The incorporation is currently in the documentation stage, with further details on the final name, shareholding, capital, and incorporation date to be disclosed later. This filing serves as a clarification to a previous announcement.
Key Highlights
- Board meeting held on October 16, 2026, with specific timings provided.
- Approval granted for incorporation of a subsidiary in Dubai (DIFC).
- Proposed subsidiary name is "Jojo Holdings Ltd.", subject to approval.
- Mr. Dhruvin Shah authorized for name changes and incorporation procedures.
- Further details on the subsidiary will be disclosed upon finalization.
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