Jonjua overseas Limited has announced a significant transaction involving the sale of its proprietary technology for Rs. 15.11 crores. The BSE SME-listed company disclosed the sale of its intangible asset 'Spent Coffee Grounds and Spent Coffee Grounds Ash Brick Process and Technology' to HSJONJUA INNOVATEAGRO PRIVATE LIMITED on January 27, 2025.

Transaction Details

The sale represents a material related party transaction conducted at arm's length on a going concern basis. The company has structured the transaction as a permanent sale and transfer of the trade secret technology, with the sale price determined according to a registered valuer's report.

Technology and Environmental Impact

The sold technology involves the development of green bricks for the construction industry using spent coffee grounds and spent coffee grounds ash. This innovative process aims to reduce carbon footprint by replacing fine aggregate sand with spent coffee grounds and using spent coffee grounds as an additive in cement production.

The technology enables the production of green bricks that meet EU standards, positioning it as an environmentally sustainable solution for the construction sector. The process represents Jonjua Overseas Limited's entry into the development and commercialization of knowledge-based products through its Global Inhouse Centre (GIC).

Financial Significance

The transaction holds substantial financial importance for the company, representing 317% of Jonjua Overseas Limited's annual consolidated turnover for the immediately preceding financial year. The payment structure includes an initial bank payment with the balance on an unsecured loan basis, payable on demand.

Strategic Development

This sale marks a historic milestone in the development of the company's Global Inhouse Centre, which was launched in 2025. The transaction aligns with Jonjua Overseas Limited's business model of developing and selling movable goods, including intangible assets, as outlined in Clause 46 of its Memorandum of Association.

The company positions itself as a pioneer in developing and dealing with latest technology, with this sale providing significant impetus to its ambition of developing process and technology as tools for innovation and operating as a merchant of knowledge.

Regulatory Compliance

The transaction has been conducted pursuant to Resolution 14 of the Extraordinary General Meeting dated July 21, 2025, read with Resolution 8 of the Annual General Meeting dated September 27, 2025. The sale was disclosed under Regulation 30 of SEBI (Listing and Obligation and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance for this material related party transaction.

Jonjua overseas has announced a board meeting scheduled for January 27, 2026, to consider the allotment of bonus equity shares to shareholders. The meeting notice was issued under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting is scheduled to commence at 09:00 AM on Tuesday, January 27, 2026. The company has formally notified BSE Limited about this meeting through an official communication dated January 21, 2026.

Meeting Agenda

The board will consider two primary matters during the meeting:

• Bonus Equity Share Allotment: The primary agenda involves considering the allotment of bonus equity shares to existing shareholders
• Operational Review: The board will review the company's day-to-day affairs and address other matters with the Managing Director's permission

Company Information

Jonjua Overseas Limited is listed and traded on BSE SME platform. The company operates from its registered and corporate office located at 545, Jubilee Walk, Sector 70, Mohali 160071, Punjab. The announcement was signed by Major Harjinder Singh Jonjua (Retd.), who serves as the Managing Director with DIN: 00898324.

Regulatory Compliance

The meeting notice has been issued in compliance with Regulation 29 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This ensures proper disclosure and transparency for shareholders and market participants regarding corporate actions and board decisions.