AGM Overview

Jonjua Overseas Limited submitted the Scrutinizer's Report for its 34th Annual General Meeting held on 21 August 2026 at 545, Jubilee Walk, Sector 70 Mohali from 04:30 PM to 07:40 PM. The meeting was conducted in accordance with Section 109 of the Companies Act, 2013 and Rule 21(2) of Companies (Management and Administration) Rules, 2014.

Scrutinizer Appointment

Shri Abhishek Gupta, Advocate (Membership Number: P/2434/2011) was appointed as Scrutinizer through Board Meeting dated 28 July 2026. He submitted his report on 22 August 2026.

Shareholder Participation

  • Record Date: 07 August 2026
  • Total shareholders on record date: 1,755
  • Shareholders present in meeting (in person or through proxy): 38
  • Promoters and Promoter Group: 7
  • Public: 31
  • Shareholders attended through video conferencing: 0
  • Shareholders voted through e-voting: 3

Voting Results Summary

All 14 resolutions were approved at the AGM. The total share capital of the company is 27,277,597 shares, comprising:

  • Promoter and Promoter Group: 8,092,603 shares (29.67%)
  • Public Institutions: 0 shares
  • Public Non-Institutions: 19,184,994 shares (70.33%)

Key Resolution Details

Resolution 1: Adoption of Audited Financial Statements

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Description: Adoption of the Audited Financial Statements for the Financial Year Ended 31 March 2026
  • Voting Results:
  • Promoter Group: 8,092,603 votes in favor (100%), 0 against
  • Public Non-Institutions: 3,450,904 votes in favor (99.72%), 9,642 against (0.28%)
  • Total: 11,543,507 votes in favor (99.92%), 9,642 against (0.08%)
  • Result: Passed

Resolution 2: Reappointment of Director

  • Type: Ordinary Resolution
  • Promoter Interest: Yes
  • Description: Reappointment of Mr. Harmanpreet Singh Jonjua (DIN 05193545) as Director liable to retire by rotation
  • Voting Results:
  • Promoter Group: 0 votes (abstained due to interest)
  • Public Non-Institutions: 3,450,904 votes in favor (99.72%), 9,642 against (0.28%)
  • Total: 3,450,904 votes in favor (99.72%), 9,642 against (0.28%)
  • Result: Passed

Resolution 4: Bonus Issue

  • Type: Special Resolution
  • Promoter Interest: No
  • Description: To approve issue of Bonus Issue
  • Voting Results:
  • Promoter Group: 8,092,603 votes in favor (100%), 0 against
  • Public Non-Institutions: 3,450,904 votes in favor (99.72%), 9,642 against (0.28%)
  • Total: 11,543,507 votes in favor (99.92%), 9,642 against (0.08%)
  • Result: Passed

Resolution 13: Acquisition of Trade Secret

  • Type: Special Resolution
  • Promoter Interest: Yes
  • Description: Approval for Acquisition of 'INNOVATIVE ECO.FRIENDLY TECHNOLOGY FOR VTOL/STOL HELIPADS AND AIRSTRIPS' ("TRADE SECRET") from Major Harjinder Singh Jonjua, Retd. - Chairman-cum-Managing Director
  • Voting Results:
  • Promoter Group: 0 votes (abstained due to interest)
  • Public Non-Institutions: 3,450,904 votes in favor (99.72%), 9,642 against (0.28%)
  • Total: 3,450,904 votes in favor (99.72%), 9,642 against (0.28%)
  • Result: Passed

Resolution 14: Amendment in Memorandum of Association

  • Type: Special Resolution
  • Promoter Interest: No
  • Description: Amendment in Object Clause of Memorandum of Association
  • Voting Results:
  • Promoter Group: 8,092,603 votes in favor (100%), 0 against
  • Public Non-Institutions: 3,450,904 votes in favor (99.72%), 9,642 against (0.28%)
  • Total: 11,543,507 votes in favor (99.92%), 9,642 against (0.08%)
  • Result: Passed

Related Party Transaction Resolutions

Multiple resolutions were passed to set limits for related party transactions with:

  • Major Harjinder Singh Jonjua (Retd.) [Resolution 5]
  • Mr. Harmanpreet Singh Jonjua [Resolution 7]
  • Mrs. Ranbir Kaur Jonjua [Resolution 8]
  • Jonjua Air Limited [Resolution 10]
  • HSJONJUA AEROINFRA Private Limited [Resolution 11]
  • INNOVATEAGRO Private Limited [Resolution 12]

All related party transaction resolutions were special resolutions where promoter group abstained from voting, and were approved by public shareholders with 99.72% in favor and 0.28% against.