Announced Thu, 1 Oct, 2026 · 24:33 IST
MoU signed with Catobo LLP for heliport and aviation projects
Price
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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹2.97
prior close
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base price
After-mkt
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AI summary
Jonjua Overseas has signed an MoU with UAE-based Catobo LLP to collaborate on helipad and vertiport design, airfield lighting, and aircraft warning lights. The partnership targets the fast-growing VTOL segment in India, especially border and hill states. Catobo brings global engineering design strength, while Jonjua contributes heliport development expertise. Jonjua is based in Mohali, Punjab.
Likely market impact
Signals entry or expansion in aviation infrastructure and VTOL segment, potentially opening new growth avenues for the company.