AGM Details
The 30th AGM is scheduled to be held on Tuesday, September 29, 2026, at 03:00 P.M. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting is deemed to be held at the company's Registered Office at Office No. 812, Anand Mangal – III, Opposite Core house, Near Hirabag, Near Rajnagar Club, Ambawadi, Ahmedabad-380015.
Ordinary Business Agenda
1. Adoption of Financial Statements
- To consider and adopt the Standalone and Consolidated Audited Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.
2. Re-appointment of Director
- To re-appoint Mr. Sagar Samir Shah (DIN: 03082957) as a Director (Executive). Mr. Shah retires by rotation and is eligible for re-appointment. He was first appointed on April 26, 2024, holds 1,60,92,480 shares in the company, and has over 8 years of experience in Fintech and Financial Technology.
3. Declaration of Final Dividend
- To declare a final dividend of ₹0.025 per equity share (i.e., 0.5% of the face value of ₹5 each) for the financial year ended March 31, 2026. The dividend was recommended by the Board of Directors at their meeting held on May 15, 2026.
- The dividend will be payable within 30 days after member approval at the AGM.
- The Record Date for determining entitlement to the dividend is fixed as Tuesday, September 22, 2026.
- Dividend will be paid electronically based on updated bank mandates. Dividend will be withheld where KYC details are not updated, effective from April 1, 2024.
4. Increase in Authorized Share Capital & Alteration of MOA
- To increase the Authorized Share Capital of the company from ₹38,00,00,000 (comprising 7,60,00,000 equity shares of ₹5 each) to ₹70,00,00,000 (comprising 14,00,00,000 equity shares of ₹5 each)**.
- The new equity shares will rank pari passu with existing shares.
- Consequent alteration of Clause (V) of the Memorandum of Association is proposed.
5. Approval of Bonus Issue
- To issue bonus equity shares in the ratio of 1:1 (One new fully paid-up bonus equity share for every One existing fully paid-up equity share held).
- The bonus shares will have a face value of ₹5 each.
- The Record Date for the bonus issue is Tuesday, September 22, 2026.
- The issue will capitalize an aggregate amount of ₹34,48,07,000 from reserves, resulting in the allotment of 6,89,61,400 new equity shares.
- Post-bonus issue, the Issued and Paid-up Equity Share Capital will increase to ₹68,96,14,000 divided into 13,79,22,800 equity shares of ₹5 each.
- The bonus shares will rank pari-passu with existing equity shares.
- The issue is authorized by Article 200 of the company's Articles of Association.
Voting and Meeting Logistics
- The Register of Members and Share Transfer Books will remain closed from Wednesday, September 23, 2026, to Tuesday, September 29, 2026 (both days inclusive).
- The facility for remote e-Voting is provided through National Securities Depository Limited (NSDL).
- The remote e-voting period commences on Saturday, September 26, 2026, at 09:00 A.M. (IST) and ends on Monday, September 28, 2026, at 05:00 P.M. (IST).
- Members can also vote electronically during the AGM on September 29, 2026.
- Mrs. Rupal Patel, Practicing Company Secretary, has been appointed as the Scrutinizer to scrutinize the voting process.
- The results of the voting will be placed on the company's website (www.jojolimited.com) and the NSDL website.
- Members can join the VC/OAVM 15 minutes before the meeting. Participation is available on a first-come, first-served basis for 1,000 members, excluding large shareholders (2%+), promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors.
Unclaimed Dividend Information
- Unpaid dividends for financial years 2023-24 and 2024-25, if not claimed by October 24, 2031, and October 29, 2032, respectively, will be transferred to the Investor Education and Protection Fund (IEPF).
- The corresponding shares are also liable to be transferred to the IEPF Authority's demat account.