Jonjua overseas promoter Harjinder Singh Jonjua has disclosed a substantial reduction in his shareholding through share transfer transactions completed on March 5, 2026. The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Transfer Details

The promoter transferred a total of 7,03,074 equity shares through a combination of gift and off-market sale. This transaction represents 2.70% of the company's total voting capital.

Shareholding Changes

Following the share transfer, Harjinder Singh Jonjua's shareholding in Jonjua Overseas Limited has been significantly reduced. The transaction resulted in a decrease from 18.30% to 15.60% of the company's total share capital.

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's total equity share capital stands at 2,72,77,597 equity shares of Rs. 10 each, which remained unchanged following this promoter share transfer.

Regulatory Compliance

The disclosure was submitted to BSE Limited's Listing and Compliance Department in the prescribed format. The transaction documentation includes detailed breakdowns of shareholding patterns and voting rights, ensuring full compliance with SEBI regulations for substantial acquisition and disposal of shares.

The promoter's PAN details (ACJPJ1035D) were also disclosed as part of the regulatory requirements under Part B of the SEBI SAST disclosure format.

Jonjua Overseas Limited has disclosed a significant shareholding change by its promoter group entity, Jonjua Air Limited, which sold a portion of its stake through an off-market transaction. The disclosure was made pursuant to Regulation 29(2) of SEBI (SAST) Regulations, 2011, highlighting the transparency requirements for substantial shareholding changes in listed companies.

Transaction Details

The shareholding transaction involved the sale of equity shares by Jonjua Air Limited, a promoter group entity, on February 24, 2026. The transaction was structured as an off-market sale, providing flexibility in execution while maintaining regulatory compliance.

Shareholding Changes

The transaction resulted in a material change in the promoter group's shareholding pattern. Jonjua Air Limited's stake in Jonjua Overseas Limited decreased from 12.16% to 9.18%, representing a reduction of 2.98 percentage points.

Company Structure

Jonjua Overseas Limited maintains its equity structure with a total share capital of 2,72,77,597 equity shares of ₹10 each. The company remains listed and traded on the BSE SME platform under the trading symbol JONJUA with scrip code 542446.

Regulatory Compliance

The disclosure was made in accordance with SEBI (SAST) Regulations, 2011, specifically under Regulation 29(2) and 29(3). The transaction was properly documented and communicated to BSE Limited's Corporate Relations Department, ensuring full regulatory compliance. Major Harjinder Singh Jonjua (Retd.), Managing Director with DIN 00898324, signed the disclosure documents on behalf of both entities involved in the transaction.

Corporate Governance

The timely disclosure demonstrates the company's commitment to maintaining transparency in shareholding changes and adhering to regulatory requirements. The off-market sale mechanism allowed for efficient execution while ensuring all stakeholders were informed through proper regulatory channels. The transaction maintains the overall equity structure of Jonjua Overseas Limited while reflecting changes in the promoter group's investment strategy.