1:20 Bonus Shares Alert By Penny Stock of Rs 10: Record Date Set & Falling In Last Week of July; A Good Bet?

Based in India, Jonjua Overseas Limited engages in a variety of commercial endeavors, such as corporate consulting, service exporting, agriculture, and the retailing of books and printing supplies. After the company's board announced the record date for 1:20 bonus shares, Jonjua Overseas's shares closed Thursday's trading session on the BSE 1.10% higher, with a market capitalization of Rs 23.35 Cr.

Jonjua Overseas Bonus Shares Record Date

"Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), this is to inform that the Board of Directors of the Company at its meeting held today i.e. July 09, 2025, inter-alia, has considered and approved the following: 1, The Board Fixed the Record Date for Bonus Issue as Monday, 28th July 2025 subject to approval of Bonus Issue by shareholders and receiving other necessary regulatory approvals. 2. The Board formed Committee of Directors - Major Harjinder Singh Jonjua Retd. and Mr. Harmanpreet Singh Jonjua to deal with all matters relating to Bonus Issue. 3. Board reviewed other day to day functioning of the company and expressed satisfaction over smooth running of company affairs," said the company in a stock exchange filing on 09th July.

Jonjua Overseas Bonus Shares Announcement

The Board of Directors of the company at its meeting held on June 26, 2025, inter-alia, has considered and approved 11,54,607 equity shares of Rs. 10 each as bonus shares to equity shareholders in the ratio of 1 bonus shares for every 20 shares held by the shareholders i.e. holder of 20 shares shall be issued one fully paid-up equity shares of Rs. 10/- each.

By 25-08-2025, the stated bonus shares shall be credited to the eligible shareholders as per the company.

Jonjua Overseas Share Price Target

"Jonjua Overseas stock price is bearish on the Daily charts with strong resistance at 11. A Daily close below support of 9.41 could lead to a target of 8 in the near term," commented A R Ramachandran, independent research analyst.

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