Jonjua Overseas Ltd
š Jonjua Overseas Approves Rights Issue in Related Party & Key Leadership Updates
- Approved subscribing to a rights issue of HSJonjua InnovateAgro Private Limited, a related party transaction at arm's length, with completion expected by March 31, 2026.
- Major Harjinder Singh Jonjua (DIN: 00898324) was approved as Chairman-cum-Managing Director (CMD), subject to shareholder approval.
- Reappointment of Mr. Narinder Pal Singh (DIN: 08470916) as an Independent Director will be sought.
- The board reviewed and expressed satisfaction with the company's day-to-day operations, noting it is a bank debt-free company.