Jonjua Overseas Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/05/2026 ,inter alia, to consider and approve To consider submitting Expression ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jonjua Overseas Ltd has called a board meeting on May 1, 2026, to consider submitting an Expression of Interest (EOI) for acquiring Telephone Cables Limited through the insolvency process. The EOI will be submitted jointly in consortium with Major Harjinder Singh Jonjua Retd. Telephone Cables Limited is a listed company on BSE (scrip code 517159) and is a joint sector unit with Punjab State Industrial Development Corporation (PSIDC) as one of the promoters. This appears to be Jonjua's first step toward potentially acquiring the company via the Insolvency and Bankruptcy Code (IBC) route.
This indicates Jonjua Overseas is exploring expansion through acquisition of a listed company under IBC. If the EOI is accepted and the resolution proceeds, it could significantly impact both companies' futures. Shareholders should monitor subsequent filings for updates on whether the consortium is short-listed.