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Awaiting price reaction for this filing.
Jonjua Overseas Ltd's Board, at its meeting on 27th January 2026, approved the allotment of 30,30,844 bonus equity shares of Rs. 10 each in the ratio of 5 bonus shares for every 40 shares held (i.e., 1:8 ratio). Eligible shareholders were those on the register as of the record date, 23rd January 2026. Following this allotment, the company's paid-up share capital rose from Rs. 24.25 crores (2,42,46,753 shares) to Rs. 27.28 crores (2,72,77,597 shares). The Board also reviewed the Audit Committee's submissions on the sale of movable intangible goods and monitored routine company affairs.
Shareholders receive 5 additional shares for every 40 held, which increases their share count but dilutes the per-share value proportionally. The bonus is modest (below 1:1) and is unlikely to materially impact the stock price beyond a short-term technical adjustment.