Jojo Limited Fixes October 12 as Record Date; Check Shareholder Eligibility & Allotment Details
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Investors tracking high-momentum corporate actions on Dalal Street have a major trigger on their radar as Jojo Limited (formerly known as Madhuveer Com 18 Network Limited) officially designated Monday, October 12, 2026, as the Record Date for its upcoming bonus equity share distribution. Disclosing the regulatory filing to the stock exchanges on Monday, October 5, 2026, the board of directors confirmed that the cut-off date will formally identify eligible retail and institutional equity shareholders entitled to receive free bonus shares. Under the corporate action framework, the company will reward its existing investors in an attractive 1:1 ratio, effectively doubling their shareholding count without any additional capital outlay.
Understanding the 1:1 Ratio: How Shareholder Holdings Will Double
The mechanics of the bonus issue ensure direct value addition to eligible portfolios:
1:1 Ratio Breakdown: Shareholders will receive one new bonus equity share for every one existing fully paid-up equity share held in their demat accounts as of the close of business on the record date.
Face Value Alignment: Both the existing equity shares and the newly issued bonus equity shares carry a face value of ₹5 per share.
Determining Entitlement: Investors must hold the company's shares in their demat accounts on or before the record date of October 12, 2026, to qualify for the corporate credit.
Shareholder Nod and Corporate Timeline: Green Light Given at Annual General Meeting
The corporate restructuring action follows formal approvals secured during the company's recent shareholder gathering:
AGM Ratification: The formal proposal to issue bonus equity shares received full backing from equity shareholders at the company's Annual General Meeting (AGM) held on September 29, 2026.
Exchange Communication: Following the AGM resolution, the company notified the BSE regarding the outcome on September 30, 2026, setting the stage for the operational record date filing.
Deemed Allotment Under SEBI Guidelines: As mandated by the Securities and Exchange Board of India (SEBI) circular dated September 16, 2024, the company notified that the deemed date of allotment for the bonus shares will also be October 12, 2026, facilitating accelerated credit into demat accounts and swift trading liquidity.
Stock Identifiers and Exchange Data: Key Information for Traders
Market participants tracking the counter on the Bombay Stock Exchange can reference the following verified corporate identifiers:
Listed Entity: Jojo Limited (Formerly Madhuveer Com 18 Network Limited)
BSE Scrip Code: 531910
ISIN Code: INE312M01024
Face Value: ₹5
Record Date / Deemed Allotment Date: October 12, 2026
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