Jonjua Overseas Limited has disclosed multiple promoter-related share transactions in compliance with SEBI regulations. The BSE SME-listed company reported both a promoter share transfer and a promoter group acquisition executed through off-market transactions dated March 27, 2026.

Promoter Share Transfer Details

Promoter Harjinder Singh Jonjua transferred 8,77,153 equity shares, representing 3.21% of the company's total share capital, through an off-market gift transaction. This transfer significantly reduced his individual shareholding in the company.

Promoter Group Acquisition

Simultaneously, HSJONJUA AEROINFRA PRIVATE LIMITED, a promoter group entity, acquired 1,88,437 equity shares representing 0.69% of the company's share capital through an off-market transaction. This acquisition increased the entity's shareholding from a minimal 0.01% to 0.70%.

Promoter Shareholding Changes

Following the transfer transaction, Harjinder Singh Jonjua's individual shareholding decreased substantially from 15.60% to 12.39% of the company's total voting capital.

Regulatory Compliance

Both disclosures were made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The required documentation was submitted to BSE Limited's Corporate Relations Department by Major Harjinder Singh Jonjua, who serves as Chairman-cum-Managing Director and Director of the respective entities.

The company confirmed that the total equity share capital remains unchanged at 2,72,77,597 equity shares of Rs. 10 each both before and after these transactions. Neither transaction involves convertible securities, warrants, or other instruments that could affect the diluted share capital.

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.