BSEJOJO LtdLowNeutral
Announced Mon, 8 Jun · 14:28 IST

Revised voting results along with Scrutinizer''s Report

Board & Shareholder Meetings View source PDF

Price

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▲ 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
-1.6%1-day move
₹220.00
prior close
₹219.80
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-1.6-4.6-2.7+2.3+5.8+0.0-5.7-4.6
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AI summary

JOJO Ltd has submitted a revised Postal Ballot voting result to BSE, correcting a clerical error where the e-voting end date was wrongly written as 22nd April 2026 instead of the actual 22nd May 2026. The Postal Ballot was conducted via remote e-voting from 22nd April 2026 to 22nd May 2026, with 13 shareholders voting on 93,48,907 shares. Two special resolutions were passed with near-unanimous approval: (1) Material Related Party Transaction for acquisition of business on slump sale basis, passed with 9,348,906 votes in favour and just 1 vote against; and (2) Re-appointment of Mr. Dipankar Bhuvneshwar Mahto as Independent Director for 3 years, also passed with 9,348,906 votes in favour and 1 against. Promoter group holding 92,27,846 shares voted entirely in favour of both resolutions. The Scrutinizer, Mrs. Rupal Patel, has confirmed both resolutions are deemed passed.

Likely market impact

Both special resolutions were approved with overwhelming shareholder support (over 99.99% in favour), so the related party acquisition and the independent director's re-appointment stand validly approved. The filing itself is a corrective disclosure and unlikely to affect the stock price, though the cleared related party acquisition may be relevant for investors tracking the company's business expansion.