5:40 Bonus Issue: Penny stock in focus after board approves bonus shares
Alex Smith
4 days ago
SYNOPSIS: Jonjua Overseas approved a 5:40 bonus share issue, raising paid-up capital to Rs. 27.28 crore by issuing 30.3 lakh shares, with completion expected by February 18, 2026.
During Thursday’s trading session, shares of a company involved in service exports, consultancy, agriculture, business library, global in-house centre, e-books and the sale of printed books are in focus on BSE, after the Board of the company approved a bonus issue in a 5:40 ratio.
At 02:22 p.m., the shares of Jonjua Overseas Limited were trading in the red at Rs. 7.85 on BSE, down by around 7 percent, as against its previous closing price of Rs. 8.4, with a market cap of Rs. 19 crores.
The stock has delivered negative returns of nearly 20 percent in one year, and has fallen by about 10 percent in the last one month.
What’s the News:
According to the latest disclosures on the BSE, the Board of Directors of Jonjua Overseas Limited, at its meeting held on 18th December 2025, has approved the issuance of bonus shares to existing shareholders.
The issue of Bonus Shares is in the ratio of 5:40, meaning shareholders will receive five fully paid-up equity shares of face value Rs. 10 each for every forty shares held as of the record date.
Following the bonus issue, Jonjua Overseas’ paid-up equity capital will increase from nearly Rs. 24.25 crore to Rs. 27.28 crore. The company plans to issue a total of 30,30,844 equity shares, capitalising free reserves, including securities premium and retained earnings, amounting to approximately Rs. 3.03 crore.
The bonus issue is expected to be completed within two months from the date of board approval, with the anticipated completion date being 18th February 2026, subject to regulatory and shareholder approvals where applicable.
Financials & more:
Jonjua Overseas reported a significant growth in its revenue from operations, showing a year-on-year increase of more than 17 percent from Rs. 2.82 crores in H1 FY25 to Rs. 3.31 crores in H1 FY26. Likewise, the company’s net profit increased during the same period from Rs. 0.87 crores to Rs. 1.11 crores, representing a rise of nearly 28 percent YoY.
Incorporated in 1993, Jonjua Overseas Limited is engaged in diverse businesses including the sale of printed books, e-books, trading of unlisted securities, off-site legal research and support services, finance and IPO, accounting services and agriculture.
Written by Shivani Singh
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