Jojo Ltd signs content deal with Jio Platforms for JioFastTV

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Reviewed by
Jubin VScanX News Team
Key Highlights

Jojo Limited has partnered with Jio Platforms to distribute Jojo TV on JioFastTV. The Gujarati FAST channel is now live for Jio subscribers at no extra cost. This deal expands Jojo’s distribution network and increases national visibility for its content catalogue.

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Jojo Limited has secured a content distribution agreement with Jio Platforms Limited to bring its Gujarati FAST channel, Jojo TV, to JioFastTV. The channel is now live on the streaming platform, making its programming catalogue accessible to Jio subscribers across India.

The agreement marks a significant expansion of Jojo Limited ’s distribution network. By integrating with JioFastTV, the company gains access to a large subscriber base without requiring additional subscription fees from users. This zero-cost access model aims to drive viewership and broaden the audience reach for Jojo TV’s content.

Strategic Distribution Expansion

The partnership adds JioFastTV as a key player in Jojo’s channel partner ecosystem. As per the intimation filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this move is designed to enhance the platform presence of Jojo TV.

Key aspects of the arrangement include:

  • Platform Integration: Jojo TV is available on JioFastTV, Jio’s streaming service.
  • Cost Structure: Subscribers can access the channel at no additional cost.
  • Content Access: The full programming catalogue of Jojo TV is now available to Jio users.

This development underscores Jojo Limited’s strategy to leverage major digital platforms for wider content dissemination. The company previously operated under the name Madhuveer Com 18 Network Limited.

Historical Stock Returns for JOJO

1 Day5 Days1 Month6 Months1 Year5 Years
+0.97%+6.42%+36.88%+38.95%+77.26%+16,002.80%

How might the zero-cost access model on JioFastTV impact Jojo Limited's future revenue streams and advertising monetization strategies?

What is the expected timeline for Jojo Limited to report measurable growth in viewership metrics following this integration?

Will Jojo Limited pursue similar distribution agreements with other major telecom or streaming platforms to replicate this expansion strategy?

JOJO Ltd board recommends 1:1 bonus shares, hikes authorized capital

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Reviewed by
Suketu GScanX News Team
Key Highlights

JOJO Limited’s Board of Directors approved a 1:1 bonus share issue and increased authorized capital to ₹70 crore during a meeting on August 17, 2026. The proposals, along with the adoption of the FY26 Director’s Report, require shareholder approval at the AGM on September 18, 2026. The transfer books will close from September 12 to September 18 for the event.

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JOJO Limited (formerly Madhuveer Com 18 Network Limited) has recommended a 1:1 bonus share issue to its shareholders, subject to approval at its forthcoming Annual General Meeting. The Board also approved increasing the company’s authorized share capital from ₹38 crore to ₹70 crore.

The bonus issue entails issuing one fully paid-up equity share of face value ₹5 for every one existing fully paid-up equity share of ₹5 held by members as on the record date. This corporate action aims to enhance liquidity and broaden the shareholder base without altering the underlying ownership structure.

Capital Restructuring Details

To facilitate the bonus issue and future growth requirements, the Board approved altering the capital clause of the Memorandum of Association. The authorized share capital will rise by ₹32 crore, moving from ₹38 crore to ₹70 crore. This increase requires approval via postal ballot from shareholders.

Parameter Current Value Proposed Value
Authorized Share Capital ₹38 crore ₹70 crore
Bonus Ratio N/A 1:1
Face Value per Share ₹5 ₹5

Governance and Compliance

The Board adopted the Director’s Report and the Secretarial Audit Report for the financial year ended March 31, 2026. The Secretarial Audit was conducted pursuant to Section 204(1) of the Companies Act, 2013 and Rule 9 of the Companies (Appointment & Remuneration Personnel) Rules, 2014.

Mrs. Rupal Patel, a Practicing Company Secretary, has been appointed as the Scrutinizer for remote e-voting and voting at the AGM. The Register of Members and Share Transfer Books will remain closed from September 12, 2026, to September 18, 2026, inclusive, to determine eligibility for voting and bonus shares.

Upcoming Shareholder Meeting

The company will convene its 30th Annual General Meeting on September 18, 2026, at 3:00 pm through Video Conferencing. The meeting seeks approval for the bonus issue, the increase in authorized share capital, and other routine business matters. The draft notice for the AGM has been approved by the Board.

Historical Stock Returns for JOJO

1 Day5 Days1 Month6 Months1 Year5 Years
+0.97%+6.42%+36.88%+38.95%+77.26%+16,002.80%

How might the 1:1 bonus issue impact JOJO Limited's stock price volatility and trading volume in the immediate post-AGM period?

What specific growth initiatives or capital expenditures is the company planning to fund with the additional ₹32 crore in authorized share capital?

Given the name change from Madhuveer Com 18 Network to JOJO Limited, does this corporate restructuring signal a strategic pivot in the company's core business model?

More News on JOJO

1 Year Returns:+77.26%