JoJo Limited submitted the resignation letter of Company Secretary Ms. Shruti Sharma, effective from the close of business hours on June 04, 2026, to BSE Limited. The submission was made to clarify a corporate announcement dated June 04, 2026, and to address an administrative oversight that prevented the document from being uploaded within the stipulated regulatory timeline.

In a letter dated July 07, 2026, the company responded to a communication from the exchange regarding the omission of the resignation letter. The exchange had sought reasons for the delay under a SEBI Circular dated January 30, 2026. JoJo Limited stated that while the outcome of the Board Meeting regarding the resignation was announced immediately on June 04, 2026, the formal letter could not be uploaded within the mandated 7-day period due to an oversight.

The company expressed regret for the delay and assured the exchange that strengthened internal compliance tracking mechanisms would ensure strict adherence to timelines specified under the SEBI Circular moving forward. The resignation letter from Ms. Shruti Sharma (M. No.: A52723) confirmed her request to be relieved from the duties of Company Secretary and Compliance Officer effective June 04, 2026.

Ms. Sharma requested the Board of Directors to file the necessary forms with the Registrar of Companies, Ahmedabad. She also sought a copy of the E-form DIR-12 filed with the Registrar for her reference and record. The submission was signed by Pushti Tanmay Rajani (M. No.: A78352), the current Company Secretary of JoJo Limited.

Key Details of the Filing

JoJo Limited has published its postal ballot notice in newspapers on June 24, 2026, to seek shareholder approval for the sub-division of equity shares from a face value of ₹10 to ₹5 each. The proposal, approved by the Board of Directors on June 10, 2026, aims to enhance liquidity and encourage wider retail participation. The advertisements appeared in Business Standard (English) and Jai Hind (Gujarati) in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The sub-division will adjust the company's authorised and issued share capital without changing the total value. The authorised share capital will increase from 3,80,00,000 equity shares of ₹10 each to 7,60,00,000 equity shares of ₹5 each. Similarly, the issued, subscribed, and paid-up capital will rise from 3,44,80,700 shares to 6,89,61,400 shares.

Voting Schedule and Process

The remote e-voting period commenced on June 24, 2026, at 09:00 A.M. (IST) and concludes on July 24, 2026, at 05:00 P.M. (IST). The cut-off date to determine shareholder entitlement is June 19, 2026. Mrs. Rupal Patel, a Practicing Company Secretary (FCS-6275), has been appointed as the Scrutinizer. The results of the postal ballot will be declared on or before July 27, 2026.

Resolutions for Approval

The notice includes two special resolutions: one for the sub-division of shares and another for the consequential alteration of the Capital Clause of the Memorandum of Association. The Board has recommended both resolutions. The record date for the sub-division will be fixed by the Board subsequent to shareholder approval.