Board to consider 5:1 stock split; postal ballot planned

Stock SplitCorporate Actions View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.2%Reaction day

₹123.00

prior close

₹115.60

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.6%+0.4% vs market

Film Production, Distribution & Exhibition peers, median of 12sector-0.8%-1.4% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 1.4 pts less than its Film Production, Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+5.3

10m

+3.0

15m

+2.9

30m

+3.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.2-2.6+0.4-0.8-1.4

Next day

-8.9-3.6-5.3-3.3-5.6

-5.7-5.8+0.2-1.5-4.2

-4.5-5.5+1.0-5.7+1.1

-10.0-3.8-6.2-4.5-5.5

-7.7-3.8-4.0-3.2-4.5

-8.9pendingpending-4.8-4.2

15d

—————

UpDownMarket · Nifty Microcap 250Sector · Film Production, Distribution & Exhibition peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

JOJO Limited (formerly Madhuveer Com 18 Network) has called a board meeting on 26 October 2026 to consider sub-dividing equity shares from face value of Rs. 5 to Re. 1, effectively a 5:1 stock split. The proposal is subject to shareholder approval via postal ballot. The board will also approve related changes to the Capital Clause of the Memorandum of Association and fix a record date for the postal ballot. Security Code 531910.

Likely market impact

Stock split improves liquidity and makes shares more affordable for retail investors. Outcome depends on shareholder approval via postal ballot.