Jonjua Overseas Limited has completed its board meeting on March 24, 2026, approving significant changes in its company secretarial function. The board meeting, which commenced at 04:30 PM and concluded at 05:00 PM, addressed the resignation of the current Company Secretary and approved the appointment of a replacement from within the group.

Board Meeting Outcomes

The board of directors considered and approved three key matters during the meeting held under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Appointment Details and Profile

CS Riva Maini will serve as Company Secretary and Compliance Officer with effect from June 01, 2026. According to the regulatory disclosure, she will undergo the company's familiarity training program as needed during the transition period.

Professional Background

Regulatory Compliance

The outcome was communicated to BSE Limited under Regulation 30 of the Listing Regulations. Major Harjinder Singh Jonjua (Retd.), Chairman-cum-Managing Director with DIN: 00898324, digitally signed the communication on March 24, 2026. The company maintains its registered and corporate office at 545, Jubilee Walk, Sector 70, Mohali 160071, Punjab.

Corporate Structure

Jonjua Overseas Limited operates as a BSE SME-listed company with trading symbol JONJUA. The transition represents an internal restructuring within the Jonjua group, with CS Riva Maini returning to the parent company after gaining experience at the subsidiary Jonjua Air Limited. The Corporate Identity Number L51909PB1993PLC013057 indicates the company's incorporation in Punjab in 1993 under shipping and navigation services.

Jonjua Overseas Limited has disclosed a significant shareholding change by its promoter group entity through regulatory filings with BSE Limited. The transaction involves the sale of equity shares by Jonjua Air Limited, which is classified as a promoter group company.

Transaction Details

Jonjua Air Limited executed an off-market sale of 5,77,573 equity shares on March 20, 2026. The transaction represents 2.12% of the total share capital of Jonjua Overseas Limited.

Shareholding Pattern Changes

The sale has resulted in a reduction of Jonjua Air Limited's stake in Jonjua Overseas Limited. The promoter group entity's holding has decreased from 9.18% to 7.06% following the transaction.

Company Information

Jonjua Overseas Limited is listed and traded on the BSE SME platform under the trading symbol JONJUA with scrip code 542446. The company maintains its registered and corporate office at 545, Jubilee Walk, Sector 70, Mohali 160071, Punjab.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Major Harjinder Singh Jonjua (Retd.), who serves as Managing Director of Jonjua Air Limited and Chairman-cum-Managing Director of Jonjua Overseas Limited, with DIN: 00898324.

The transaction maintains the company's total equity share capital at 2,72,77,597 equity shares of ₹10 each, with no changes to the overall capital structure. The sale represents a strategic decision by the promoter group while maintaining significant influence in the company's operations.