JoJo Limited (formerly known as Madhuveer Com 18 Network Limited) has allotted 90,00,000 fully paid-up equity shares of face value Rs.10/- each upon conversion of warrants into equity shares on a preferential basis. The Board of Directors approved this allotment at its meeting held on May 07, 2026, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Allotment Details and Issue Price

The allotment was made for cash upon receipt of the remaining exercise price of Rs.30/- per share warrant, representing 75% of the total warrant exercise price of Rs.40/- per warrant. The aggregate amount received on account of this balance exercise price totals Rs.27,00,00,000/- (Rupees Twenty-Seven Crore Only). The equity shares allotted rank pari passu with the existing equity shares of the company in all respects. The warrants were originally allotted on November 07, 2024, with an initial payment of Rs.10/- per warrant (25% of the issue price) collected at the time of allotment.

The following table summarises the allotment across eight allottees from the Promoter Group and Public Category:

Impact on Paid-Up Capital

Consequent to the aforesaid allotment, the paid-up equity capital of the company has increased as detailed below:

Warrant Reconciliation

With this allotment, all warrants originally issued on November 07, 2024, have been fully converted. The reconciliation of the outstanding warrants is as follows:

All warrants outstanding for conversion have been converted on May 07, 2026, leaving no outstanding warrants for conversion.

Pre and Post-Allotment Shareholding

The table below presents the pre- and post-issue shareholding of each allottee following the preferential allotment:

The allotment was made under the provisions of the Companies Act, 2013, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws, on a private placement basis. The Board Meeting commenced at 5.30 p.m. and concluded at 6.45 p.m. on May 07, 2026.

JOJO Limited has officially launched its new corporate website following the completion of its name change from Madhuveer Com 18 Network Limited. The company notified BSE Limited on April 13, 2024, about the website transition as part of its regulatory compliance obligations.

Website Transition Details

The company has implemented a comprehensive website change to align with its new corporate identity. The transition involves moving from the previous website to a new platform that better reflects the updated company name.

Regulatory Compliance

The website change was implemented following the successful completion of the company name change process. The name change from " Madhuveer Com 18 Network Limited" to "JOJO Limited" received necessary approvals from multiple regulatory bodies and stakeholders.

The approvals were obtained from:

• Company shareholders
• Registrar of Companies
• BSE Limited

Stakeholder Benefits

The company emphasized that the new website has been designed to enhance user experience and accessibility. The website change aims to provide better identification and convenience for various stakeholder groups, enabling seamless access to company-related information under the updated corporate name.

Information Continuity

JOJO Limited has assured that all mandatory disclosures and regulatory filings will remain accessible through the new website. The company confirmed that all disclosures, filings, policies, financial results, and other investor-related information required under Regulation 46 of the SEBI (LODR) Regulations, 2015 will continue to be available on the new platform.

The notification was signed by Pushti Rajani, Company Secretary & Compliance Officer (Membership No A78352), ensuring proper authorization and compliance with regulatory requirements.