JOJO : BOARD APPROVES 1:5 SHARE SPLIT

• Board approved sub-division of each equity share from face value ₹5 to ₹1 • Every 1 existing equity share of ₹5 will be split into 5 equity shares of ₹1 each • Action is subject to member approval through postal ballot; record date to be announced later • Aims to enhance liquidity and enable higher participation from public shareholders • Company expects to complete within 2 months from board approval, subject to approvals • Paid-up share capital is ₹68.96 Cr pre- and post-split; authorised capital is ₹70 Cr

JOJO Ltd

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