Jojo Limited has scheduled a board meeting on June 10, 2026, to consider the sub-division of its equity shares. The meeting will be held at the company's registered office to deliberate on key corporate actions, including alterations to its capital structure. Shareholder approval will be sought through a postal ballot process for the proposed changes.

Agenda for Board Meeting

The Board of Directors will discuss and approve several proposals aimed at restructuring the company's equity capital. The primary agenda item is the sub-division of equity shares, which is intended to enhance liquidity and make the shares more affordable for investors.

Postal Ballot and Capital Alteration

The board will approve the alteration of the capital clause of the Memorandum of Association, subject to shareholder approval via postal ballot. Additionally, the directors will approve the draft notice to be sent to shareholders and the calendar of events for the postal ballot process. A record date will also be fixed to determine the eligibility of members entitled to cast their votes on the proposed resolution.

The meeting was intimated to the stock exchanges pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Any other business with the permission of the Chairman may also be taken up during the meeting.

Jojo Limited has accepted the resignation of Ms. Shruti Sharma from the post of Company Secretary and Compliance Officer, effective June 04, 2026. The resignation was approved during the Board meeting held on Thursday, June 04, 2026. The departure impacts the company's compliance and secretarial functions immediately.

The Board meeting, which commenced at 05:30 p.m. and concluded at 06:40 p.m., approved the resignation citing personal reasons as the cause for the change. The disclosure was submitted in compliance with Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Change

The following table outlines the key details regarding the change in the company's key managerial personnel:

The communication to the exchange was signed by Director Raj Shah, bearing DIN: 10001859. Jojo Limited, formerly known as Madhuveer Com 18 Network Limited, operates with the scrip code 531910 on the BSE.