Postal ballot seeks approval for 1:5 share split, from Rs 5 to Rs 1 face value
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.1 pts more 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.
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Jojo Limited is seeking shareholder approval through postal ballot to split each Rs 5 fully paid share into 5 shares of Rs 1 each. Paid-up capital stays at Rs 68.96 crore (68,96,14,000 shares) and authorised capital at Rs 70 crore. A related resolution updates the MOA capital clause. Remote e-voting runs Oct 29 to Nov 28, 2026, with results by Nov 30. The split aims to improve liquidity and retail affordability.
A split lowers the per-share price and may improve liquidity and retail participation; total capital and ownership percentages stay unchanged.