2 days ago
Jonjua Overseas Sets September 4 Record Date for Bonus Issue
Jonjua Overseas plans to give extra shares to some of its shareholders.
The important date for deciding who qualifies is September 4, 2026.
For every 24 shares an investor owns, they may receive seven more shares.
For example, owning 240 shares could lead to 70 bonus shares.
The company expects to allot the shares on September 7.
The new shares are expected to start trading on September 8.
These dates still need approvals from authorities, including the Bombay Stock Exchange.
Getting more shares does not automatically make an investment more valuable because the share price is usually adjusted.
Jonjua Overseas has fixed September 4, 2026, as the record date for its 7:24 bonus issue.
Eligible shareholders will receive seven additional shares for every 24 shares held on the record date.
The company plans to issue 7,955,966 fully paid-up bonus equity shares.
The deemed allotment date is September 7, with trading expected to begin on September 8, subject to approvals.
The stock has gained recently but remains down 49% over one year and 47% over five years.
- Who
- Jonjua Overseas and shareholders who hold its shares on the record date.
- What
- A 7:24 bonus issue involving 7,955,966 additional fully paid-up equity shares.
- Where
- The issue involves shares credited through the depository system and listed for trading subject to Bombay Stock Exchange approval.
- When
- The record date is September 4, 2026; deemed allotment is scheduled for September 7, and trading for September 8.
- Why
- To determine which shareholders are eligible to receive the bonus shares.
Key facts
- Company
- Jonjua Overseas
- Bonus ratio
- 7 additional shares for every 24 shares held
- Record date
- September 4, 2026
- Bonus shares
- 7,955,966 fully paid-up equity shares
- Deemed allotment date
- September 7, 2026
- Expected trading date
- September 8, 2026, subject to applicable approvals
- Recent stock performance
- Up over 9% in one month, 15% in three months and 25% in six months; down 49% in one year and 47% in five years
Quotes
Jonjua Overseas
The company issuing the bonus shares
“Further deemed date of allotment will be done on T+1 i.e. on 7th September, 2026 and these Bonus Shares will be made available for trading on the next working day of allotment T+2 i.e. 8th September, 2026”
livemint.com
Sources
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