BSEJonjua Overseas LtdHighPositive
Announced Thu, 18 Dec · 13:02 IST

Board has approved Bonus Issue of 5:40 (5 bonus shares for every 40 shares held) subject to approval of shareholders and regulatory authorities.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jonjua Overseas Limited's Board, at its meeting on December 18, 2025, approved a bonus issue of 5 equity shares for every 40 shares held. The company will issue 30,30,844 bonus shares of Rs. 10 each, increasing paid-up capital from Rs. 24.24 crore to Rs. 27.28 crore. The bonus will be issued out of free reserves of Rs. 514.70 lakhs (including securities premium of Rs. 58.06 lakhs and retained earnings of Rs. 456.64 lakhs). The issue is subject to shareholder approval at the EGM on January 13, 2026, and expected completion by February 18, 2026. The company is also amending the Other Objects Clause of its Memorandum of Association. Jonjua is listed on the BSE SME platform and describes itself as a bank debt-free company.

Likely market impact

For retail investors, this means an increase in share quantity (about 12.5% more shares) without additional cost, though the share price typically adjusts downward proportionally on the ex-date. Since the bonus is funded from existing reserves, it signals management's confidence but does not change the company's underlying value.