Jojo Ltd adopts FY26 financials, approves bonus share issue at 30th AGM
- Jojo Limited held its 30th AGM on September 29, 2026, via video conferencing
- Members adopted audited financial statements for the fiscal year ended March 31, 2026
- Resolution passed to increase authorized share capital and issue bonus shares
- Mr. Sagar Samir Shah re-appointed as Executive Director retiring by rotation

*this image is generated using AI for illustrative purposes only.
Jojo Limited held its 30th Annual General Meeting on September 29, 2026, adopting audited financial statements for the fiscal year ended March 31, 2026. The virtual meeting also approved the issuance of bonus shares to shareholders.
The meeting was conducted through video conferencing and other audio-visual means, in compliance with Ministry of Corporate Affairs and SEBI circulars. Mr. Dhravin Shah, Managing Director, chaired the session, which commenced at 3:00 pm and concluded at 3:24 pm. Company Secretary Pushti Rajani confirmed the presence of a requisite quorum and oversaw the procedural aspects of the virtual assembly.
Key Resolutions Passed
Members transacted several items of ordinary business, including the re-appointment of directors and capital alterations. The specific resolutions approved are detailed below:
| Resolution Item | Type | Details |
|---|---|---|
| Financial Statements | Ordinary | Adoption of audited FY26 financials, Board, and Auditor reports |
| Director Re-appointment | Ordinary | Re-appointment of Mr. Sagar Samir Shah as Executive Director |
| Dividend Declaration | Ordinary | Approval and declaration of final dividend for FY26 |
| Share Capital Increase | Ordinary | Increase in authorized share capital and alteration of MOA |
| Bonus Shares | Ordinary | Approval of issue of bonus shares to shareholders |
Meeting Proceedings and Voting
The notice for the 30th AGM, along with the audited financial statements for FY26, was emailed to registered shareholders by September 22, 2026. Remote e-voting facilities were provided through National Securities Depository Limited (NSDL), remaining open from September 26 to September 28, 2026. Mrs. Rupal Patel, Practicing Company Secretary, served as the scrutinizer to ensure fair voting processes.
The audit report for FY26 contained no qualifications, reservations, or adverse remarks. No shareholder queries were raised during the meeting. Voting results were scheduled for announcement within 48 hours of the meeting's conclusion, with displays on the company website, NSDL, and stock exchange platforms.
Historical Stock Returns for JOJO
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | -4.04% | +26.49% | +131.67% | +137.40% | 0.0% |
What is the specific bonus share ratio approved by Jojo Limited, and how will this dilution impact the stock's price per share in the short term?
How does the increase in authorized share capital align with Jojo Limited's strategic plans for future fundraising or expansion initiatives?
What are the projected financial impacts of the declared final dividend on the company's cash reserves and liquidity position for FY27?































