Announced Tue, 23 Jun · 18:16 IST
Postal ballot: stock split from Rs 10 to Rs 5 face value proposed
Compliance View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹214.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
JOJO Limited is seeking shareholder approval via postal ballot to sub-divide equity shares from face value Rs 10 to Rs 5 each (1:2 split). Paid-up shares will double from 3.44 crore to 6.89 crore; total capital value stays at Rs 3.44 crore. E-voting runs June 24 to July 24, 2026, with results by July 27. Also proposes amending capital clause of MOA. Cut-off date: June 19, 2026.
Likely market impact
If approved, each share becomes 2 shares at half the face value. Should improve liquidity and affordability for retail investors. No change in total holdings value.