Jonjua Overseas Limited Promoter Group Reduces Shareholding by 2.12% Through Off

Jonjua Overseas Limited has disclosed a significant shareholding change by its promoter group entity through regulatory filings with BSE Limited. The transaction involves the sale of equity shares by Jonjua Air Limited, which is classified as a promoter group company.

Transaction Details

Jonjua Air Limited executed an off-market sale of 5,77,573 equity shares on March 20, 2026. The transaction represents 2.12% of the total share capital of Jonjua Overseas Limited.

Transaction Parameter: Details Shares Sold: 5,77,573 Percentage Sold: 2.12% Transaction Date: March 20, 2026 Mode of Sale: Off-market transaction Seller: Jonjua Air Limited (Promoter Group)

Shareholding Pattern Changes

The sale has resulted in a reduction of Jonjua Air Limited's stake in Jonjua Overseas Limited. The promoter group entity's holding has decreased from 9.18% to 7.06% following the transaction.

Shareholding Details: Before Sale After Sale Change Number of Shares: 25,03,044 19,25,471 -5,77,573 Percentage Holding: 9.18% 7.06% -2.12% Voting Rights: 9.18% 7.06% -2.12%

Company Information

Jonjua Overseas Limited is listed and traded on the BSE SME platform under the trading symbol JONJUA with scrip code 542446. The company maintains its registered and corporate office at 545, Jubilee Walk, Sector 70, Mohali 160071, Punjab.

Company Details: Information CIN: L51909PB1993PLC013057 Trading Symbol: JONJUA Scrip Code: 542446 Total Equity Capital: 2,72,77,597 shares of ₹10 each Listing Platform: BSE SME

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Major Harjinder Singh Jonjua (Retd.), who serves as Managing Director of Jonjua Air Limited and Chairman-cum-Managing Director of Jonjua Overseas Limited, with DIN: 00898324.

The transaction maintains the company's total equity share capital at 2,72,77,597 equity shares of ₹10 each, with no changes to the overall capital structure. The sale represents a strategic decision by the promoter group while maintaining significant influence in the company's operations.

Jonjua Overseas Limited has announced a board meeting scheduled for March 24, 2026, at 04:30 PM to address significant organizational changes in its secretarial function. The company issued formal intimation to BSE Limited on March 18, 2026, under Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items

The board meeting will focus on three primary matters concerning the company's administrative structure:

Agenda Item: Details Company Secretary Resignation: Consideration and approval of CS Vaishali Rani's resignation (ACS: 74379) New Appointment: Transfer of CS Riva Maini (ACS: A49612) from Jonjua Air Limited General Business: Review of day-to-day affairs and other matters

Regulatory Compliance

The intimation was signed by Major Harjinder Singh Jonjua (Retd.), Managing Director with DIN: 00898324, and digitally authenticated on March 19, 2026. The company maintains its registered and corporate office at 545, Jubilee Walk, Sector 70, Mohali 160071, Punjab.

Company Information

Jonjua Overseas Limited operates as a BSE SME-listed company with trading symbol JONJUA and scrip code 542446. The company's Corporate Identity Number is L51909PB1993PLC013057, indicating its incorporation in Punjab in 1993 under the shipping and navigation services sector.

Administrative Transition

The proposed changes represent an internal restructuring of the company secretarial function, with CS Riva Maini expected to transfer from the subsidiary Jonjua Air Limited to the parent company. This transition suggests organizational consolidation within the Jonjua group of companies while maintaining regulatory compliance standards.

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