JOJO Limited has finalized October 12, 2026, as the record date for its 1:1 bonus equity share issue. Approved by shareholders during the recent AGM, the company will distribute one new fully paid-up share for every existing share held. Investors should note that while this corporate action increases share count, it does not change total market capitalization or individual ownership stakes.
JOJO Limited Announces 1:1 Bonus Share Issue
Record Date: October 12, 2026
Bonus Ratio: 1:1 (1 bonus share for every 1 existing)
Reader Takeaway: Bonus shares increase liquidity, but they do not change your total investment value or ownership percentage.
What just happened
JOJO Limited has formally set October 12, 2026, as the record date for its 1:1 bonus issue. Under this plan, the company will issue one fully paid-up equity share for every existing equity share held by shareholders on the record date. The bonus shares carry a face value of Rs 5/- each, mirroring the existing equity.
Why this matters
A bonus issue is a way for a company to reward shareholders by capitalizing its reserves. By issuing more shares, the company effectively increases its share liquidity in the market. While the number of shares held by an investor will double, the share price will see a proportionate adjustment on the ex-date, meaning the overall market value of the holdings remains the same.
The backstory
The proposal was put to a vote during the Annual General Meeting held on September 29, 2026, where shareholders gave their approval. The company notified the stock exchanges of this outcome on September 30, 2026, confirming that the allotment process will align with SEBI regulations.
What to track next
Investors should monitor the ex-date, which typically precedes the record date by one business day. Ensure your demat account status is updated and shares are held in your books by the end of the record date to be eligible for the allotment of new shares.