Jonjua Air Limited Reduces Stake in Jonjua Overseas Through Off-Market Share Sale
Jonjua Air Limited sold 11,16,482 shares (4.60%) in Jonjua Overseas Limited through off-market transaction on January 5, 2026, reducing its stake from 16.76% to 12.16%. The transaction was disclosed under SEBI SAST Regulations with proper regulatory compliance maintained.

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Jonjua Overseas Limited has disclosed a significant stake reduction by its promoter group entity through an off-market share transaction. The BSE SME-listed company received regulatory disclosure regarding the sale of shares by Jonjua Air Limited on January 5, 2026.
Transaction Details
Jonjua Air Limited executed an off-market sale of equity shares in Jonjua Overseas Limited, with the transaction details formally disclosed under SEBI regulations. The sale represents a material reduction in the promoter group's shareholding in the target company.
| Transaction Parameter | Details |
|---|---|
| Sale Date | January 5, 2026 |
| Transaction Mode | Off-market sale |
| Selling Entity | Jonjua Air Limited (Promoter Group) |
| Target Company | Jonjua Overseas Limited |
Shareholding Changes
The transaction resulted in a notable change in Jonjua Air Limited's ownership structure in Jonjua Overseas Limited. The shareholding data reveals the extent of the divestment and its impact on voting rights.
| Shareholding Details | Before Sale | After Sale | Change |
|---|---|---|---|
| Number of Shares | 40,63,222 | 29,46,740 | -11,16,482 |
| Percentage Holding | 16.76% | 12.16% | -4.60% |
| Voting Rights | 16.76% | 12.16% | -4.60% |
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Major Harjinder Singh Jonjua, Managing Director with DIN 00898324, signed the regulatory filings for both companies on January 6, 2026.
Key regulatory aspects include:
- Compliance with SEBI SAST Regulations for substantial shareholding changes
- Formal notification to BSE Limited's Corporate Relations Department
- Digital signatures applied to ensure document authenticity
- PAN details disclosed as AAECG9003C for Jonjua Air Limited
Company Structure
Jonjua Overseas Limited trades on the BSE SME platform under the symbol JONJUA with scrip code 542446. The company maintains its registered and corporate office at 545, Jubilee Walk, Sector 70, Mohali 160071, Punjab. The total equity share capital remains unchanged at 2,42,46,753 equity shares of ₹10.00 each before and after the transaction.
Jonjua Air Limited, described as a start-up airways company, operates from the same registered address and serves as a promoter group entity of Jonjua Overseas Limited. The transaction maintains the overall capital structure while redistributing ownership among stakeholders.
Historical Stock Returns for Jonjua Overseas
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.72% | -9.68% | -0.71% | -29.29% | -28.57% | -74.24% |
































