JoJo Limited has intimated the BSE Limited about a scheduled meeting of its Board of Directors. The meeting is set to occur on Monday, 26th October, 2026, at the company's Registered Office.
The primary agenda for this board meeting includes:
- Consideration and approval of a sub-division (stock split) of the company's equity shares. The proposal is to reduce the face value from ₹5 (Rupees Five) per share to ₹1 (Rupee One) per share. This approval is explicitly stated to be subject to subsequent approval from shareholders through a postal ballot process.
- Approval of an alteration to the Capital Clause within the company's Memorandum of Association. This change is also contingent on receiving shareholder approval via postal ballot.
- Approval of the draft notice that will be sent to shareholders to conduct the postal ballot, along with the associated calendar of events for the process.
- Approval of the record date that will be used to determine which shareholders are eligible to cast their votes in the forthcoming postal ballot.
The disclosure is made pursuant to Regulation 29 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.