Jonjua Overseas bonus issue 5:40: 2026 dates, capital

What the company announced

Jonjua Overseas Limited, a BSE SME-listed company, announced a bonus issue after its Board of Directors considered and approved the proposal in a meeting held on December 18, 2025. The company disclosed a bonus ratio of 5:40. That means eligible shareholders will receive five fully paid-up equity shares for every forty shares held. The move is positioned as a shareholder reward and an action that can improve liquidity by increasing the number of shares in circulation. The bonus shares carry a face value of ₹10 each. The proposal was stated to be subject to necessary regulatory approvals and shareholder approval through an Extra Ordinary General Meeting (EGM).

Bonus ratio explained in simple terms

A 5:40 bonus issue does not change the underlying business value by itself, but it changes the share count for investors who qualify. If an investor holds 40 shares on the record date, they receive 5 additional shares. If they hold 80 shares, they receive 10 additional shares, and so on in the same proportion. The company described the issue as “fully paid-up” equity shares, which implies shareholders do not pay any additional money to receive the bonus allotment. The key operational point for investors is eligibility, which depends on ownership as of the record date.

Key dates investors needed to track

Jonjua Overseas fixed January 23, 2026 as the record date for determining shareholder eligibility. The ex-bonus date was also stated as January 23, 2026. The company also shared an indicative timeline for post-record-date actions, including deemed allotment and trading commencement. Separately, some summaries referred to December 18, 2025 as the “bonus date,” but the company’s process timeline highlighted allotment and trading steps around late January 2026. Investors generally rely on the record date and the subsequent allotment and trading dates to track when the additional shares reflect in holdings.

How many shares are being issued

The bonus issue involved the allotment of 30,30,844 equity shares. The company’s disclosures also said the issue would be funded by capitalising reserves rather than through cash outflow. In other words, the company uses existing free reserves to convert part of reserves into share capital, issuing additional shares to existing shareholders. The stated objective in the provided information was to reward shareholders, with improved market liquidity also cited.

What changes in capital and reserves were disclosed

Jonjua Overseas disclosed that it would capitalise ₹3.03 crore to fund the bonus issue. Based on unaudited financials as of September 30, 2025, the company reported free reserves of ₹5.1470 crore. This included securities premium of ₹0.5806 crore and retained earnings of ₹4.5664 crore. Post-issue, disclosures described the paid-up equity share capital rising from around ₹24.24 crore to ₹27.27 crore, and in another place from ₹24.25 crore to ₹27.28 crore, indicating the increase was approximately ₹3.03 crore in paid-up capital. These figures align with the stated capitalisation amount for the bonus.

Timeline shared by the company

The company indicated it expects to complete the process within two months from the date of board approval. It cited an estimated completion date of February 18, 2026, subject to regulatory and shareholder approvals. It also disclosed that the EGM to approve the bonus share proposal was scheduled for January 13, 2026. For investors, the most operationally relevant timeline items were the record date (January 23, 2026), deemed allotment date (January 27, 2026), and trading commencement date (January 28, 2026), subject to approvals.

Eligibility and demat credit mechanics

To receive the bonus shares, investors needed to be registered shareholders on the record date of January 23, 2026. The provided information specified common eligibility requirements: the shareholder’s name should appear in the company’s register, shares should be held in demat or physical form, and shares should be fully paid up. It also stated that purchase of shares must be completed before the ex-bonus date to qualify. The bonus shares were expected to be credited directly to the demat account after the record date, with the credit process typically taking 7 to 15 working days from the record date. Investors were also told they could track the status through their Choice Demat account.

What happened to the stock around the board decision

The share price reaction around the board meeting was negative in the data provided. On December 18, 2025, the shares were reported to be locked in a lower circuit at ₹7.98, reflecting a 5% decline from the previous close. Another intraday reference said the stock was trading at ₹7.87 at 12:10 PM on December 18, 2025, down 6.31% from its previous close of ₹8.40. Separately, a later price point in the provided text said the share price of JONJUA was ₹3.55 as on June 17, 2026.

Earlier bonus and corporate actions mentioned in the data

The provided information also referenced a separate bonus-related timeline in 2025. It mentioned that the board recommended a 1:20 bonus issue, with the record date fixed as July 28, 2025, subject to shareholder and regulatory approvals. It also stated the company approved 11,54,607 equity shares of ₹10 each as bonus shares in that earlier action set. In the same set of disclosures, the company approved an increase in authorised share capital from ₹24.95 crore to ₹49.95 crore, and a modification in the limit for related party transactions from ₹20 crore to ₹50 crore. Additionally, a corporate actions table in the provided text listed historical bonus ratios and dates, including 9:50 (October 2023), 4:23 (October 2022), and 5:37 (July 2021), along with a rights issue in November 2024.

Summary table of the 5:40 bonus issue

Why this bonus issue matters for shareholders

The bonus issue matters operationally because it changes the number of shares held by eligible investors and therefore affects per-share metrics mechanically, without an immediate cash payout by the company. The disclosures also show that the company planned to fund the issue by capitalising free reserves, with a specified capitalisation of ₹3.03 crore. For investors, the practical focus is on record date eligibility, the expected credit period after the record date, and when trading begins for the bonus-adjusted shares. The stock’s decline around the board approval date, as reported, also highlights that corporate actions do not guarantee a positive near-term price reaction.

Conclusion

Jonjua Overseas’ 5:40 bonus issue, approved on December 18, 2025, set January 23, 2026 as the record date, with deemed allotment on January 27 and trading commencement on January 28, subject to approvals. The company disclosed it would issue 30,30,844 shares and capitalise ₹3.03 crore from free reserves, lifting paid-up capital by roughly the same amount. The next formal milestone referenced was shareholder approval via the EGM scheduled for January 13, 2026, followed by completion targeted within two months of board approval, around February 18, 2026.