Jonjua Overseas announces 1:20 bonus issue of shares
Jonjua Overseas' Board approved significant changes, pending shareholder approval. They plan to increase Authorised Share Capital from ₹24.95 crore to ₹49.95 crore, requiring a Memorandum of Association amendment. Additionally, a 1:20 bonus share issue was sanctioned, distributing 1,154,607 new shares valued at ₹1.15 crore, funded from the company's ₹5.42 crore free reserves as of March 31, 2025.