JOJO Limited has entered into a content partnership with Dish TV India Limited to integrate the JOJO App as a bundled subscription offering on the VZY Smart TV platform. This strategic move aims to expand JOJO's digital distribution footprint across India's connected television segment, leveraging Dish TV India's established ecosystem to reach a wider audience base.

Partnership Details

Under the agreement, the JOJO App is integrated into the VZY platform, Dish TV India Limited's integrated Smart TV and digital entertainment ecosystem. This platform combines live DTH television and OTT content within a unified interface. Users can access JOJO's content as part of their existing Dish TV subscription without requiring a separate standalone subscription to the JOJO platform.

Strategic Distribution and Reach

The partnership places JOJO's content at the point of first use for every new VZY Smart TV owner, embedded within the device from activation. VZY Smart TVs are distributed nationally across leading retail outlets and online platforms, covering metro cities as well as Tier 2 and Tier 3 markets. This reach is particularly significant for JOJO Limited given the deep penetration of its core Gujarati-speaking audience across urban and smaller Indian cities.

This development aligns with JOJO Limited's strategy to expand its digital distribution presence across leading DTH, connected TV, and Smart TV ecosystems in India.

Jojo Limited approved the sub-division of its equity shares from a face value of ₹10 to ₹5 each to enhance liquidity and increase investor participation. The decision was taken during its board meeting on June 10, 2026. The split will convert every one existing fully paid-up share of ₹10 into two fully paid-up shares of ₹5, subject to shareholder approval. The company expects to complete the process within three months from the date of board approval, pending necessary clearances.

Share Capital Structure

The sub-division impacts the company's equity capital structure without altering the total monetary value. The authorised share capital will increase to 7,60,00,000 equity shares of ₹5 each, maintaining the total value at ₹38,00,00,000. Similarly, the paid-up and subscribed share capital will rise to 6,89,61,400 equity shares of ₹5 each.

Corporate Approvals and Process

The board also approved the consequential alteration of the capital clause of the Memorandum of Association, specifically Clause V, which is subject to shareholder approval. PCS Rupal Patel was appointed as the scrutinizer for the process. The record date to determine member eligibility for the stock sub-division will be announced in due course. The filing was made to BSE in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.