Jojo Ltd sets October 12 record date for 1:1 bonus share issue
- Jojo Limited fixed October 12, 2026 as the record date for its bonus issue
- Shareholders will receive one bonus share for every one equity share held
- The bonus issue was approved at the 30th AGM held on September 29, 2026
- Deemed date of allotment for bonus shares is also October 12, 2026
*this image is generated using AI for illustrative purposes only.
Jojo Limited has fixed October 12, 2026 as the record date for determining entitlement to its 1:1 bonus equity shares. The company announced this in a filing to BSE, confirming that shareholders on record as of this date will receive one fully paid-up equity share of face value ₹5 each for every one existing share held.
The bonus issue was previously approved by shareholders during the 30th Annual General Meeting held on September 29, 2026. The meeting, conducted via video conferencing, adopted audited financial statements for FY26 and authorized the capital alteration required for the bonus issuance. The new record date notification aligns with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Bonus Issue Details
The company clarified that the deemed date of allotment for the bonus shares will also be October 12, 2026, in accordance with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024. The bonus shares will rank pari-passu in all respects with the existing equity shares.
| Item | Details |
|---|---|
| Record Date | October 12, 2026 |
| Deemed Allotment Date | October 12, 2026 |
| Bonus Ratio | 1:1 |
| Face Value | ₹5 per share |
| Eligibility | Equity shareholders holding fully paid-up shares |
AGM Proceedings Recap
The 30th AGM was chaired by Managing Director Dhravin Shah, commencing at 3:00 pm and concluding at 3:24 pm. Company Secretary Pushti Rajani confirmed the quorum. Key resolutions passed included the adoption of FY26 financials, re-appointment of Sagar Samir Shah as Executive Director, declaration of final dividend, increase in authorized share capital, and approval of the bonus shares.
Remote e-voting facilities were provided through National Securities Depository Limited (NSDL) from September 26 to September 28, 2026. The audit report for FY26 contained no qualifications, reservations, or adverse remarks. No shareholder queries were raised during the virtual assembly.
Historical Stock Returns for JOJO
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.50% | +7.89% | +11.01% | +107.98% | +166.29% | 0.0% |
How will the 1:1 bonus issue impact Jojo Limited's market capitalization and liquidity in the post-ex-dividend period?
What are the implications of the increased authorized share capital for Jojo Limited's future fundraising or dilution strategies?
How might the clean audit report for FY26 influence institutional investor sentiment toward the company following the bonus announcement?
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