BSEAGM/EGM3d ago · 25 Jul 2026, 06:15 pm

Voting Results with Scrutinizer''s Report

JOJO Ltd · 531910

✦ AI SummaryResults

JOJO Ltd held a shareholder meeting through remote e-voting, with two resolutions passed. The first resolution involved sub-dividing the face value of equity shares from ₹10 to ₹5, and the second resolution involved altering the capital clause of the company's Memorandum of Association.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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JOJO Ltd - 531910 - Shareholder Meeting / Postal Ballot-Scrutinizer"s Report

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July 25, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001 Scrip Code: 531910 Sub: Voting Result along with Scrutinizer Report of Postal Ballot through remote e-voting pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ref: Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the details of voting results of postal ballot along with the Scrutinizers Report on remote e-voting during the period between Wednesday, June 24, 2026 at 09.00 A.M. (IST) and end on Friday, July 24, 2026 at 05.00 P.M. (IST). The resolution mentioned in the Postal Ballot Notice dated June 10, 2026 deemed to be passed on the last date specified for voting Friday, July 24, 2026. We request you to kindly take the above on record and bring to the notice of all concerned. We enclose herewith the results of voting for the resolutions as mentioned in the Notice of the Meeting by way of postal ballot in the prescribed format along with the Report of Scrutinizer. The same is also being uploaded on Company's website. Kindly take the same on record and oblige Thanking you, Yours Faithfully, For JOJO Ltd (formerly known as Madhuveer Com 18 Network Limited) Dhruvin Shah Managing Director DIN: 08801616 Encl.: As Above Voting Results of Postal Ballot through Remote E-Voting pursuant to Regulation 44(3) of the SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015 Scrip code 531910 ISIN INE312M01016 Name of the company JOJO Ltd (formerly known as Madhuveer Com 18 Network Ltd) Type of meeting Postal Ballot (Through Remote E- Voting Only) Date of the meeting / last day of receipt of postal ballot forms / e- July 24, 2026 voting (in case of Postal Ballot) Start time of the meeting 9.00 A.M. End time of the meeting 5.00 P.M. Name of the Scrutinizer Mrs. Rupal Patel, Practicing Company Secretary Record date June 19, 2026 Total number of shareholders on record date 1628 No. of shareholders present in the meeting either in person or through proxy • Promoters and Promoter Group 2 • Public 15 No. of shareholders attended the meeting through video conferencing • Promoters and Promoter Group Not Applicable • Public Not Applicable No. of resolution passed in the meeting 02 (Two) Agenda-wise Resolution /Agenda wise details of voting (including vote cast by physical ballots and e-voting process) are as under: RESOLUTION NO. 1 Resolution required: (Ordinary / Special) Ordinary Whether promoter/promoter group are No interested in the agenda/resolution? Description of resolution considered Sub‐Division/Split Of Face Value Of Equity Shares Of The Company From ₹ 10/‐ (Rupees Ten Only) Each To ₹ 5/‐ (Rupees Five Only) Each Category Mode of No. of No. of % of Votes No. of No. of % of % of voting shares votes polled on votes – in votes – votes in Votes held polled o u tstanding favour against favour against shares on on votes votes polled polled Promoter E-Voting 17274086 9227846 53.42 9227846 0 100.00 0.00 Poll Promoter Group Public- E-Voting Institutions Poll Public- E-Voting 8206614 2532089 30.85 2532088 1 100.00 0.00 Non- Poll Institutions Total 25480700 11759935 11759934 1 RESOLUTION NO. 2 Resolution required: (Ordinary / Special) Special Whether promoter/promoter group are No interested in the agenda/resolution? Description of resolution considered Alteration of Capital Clause of the Memorandum Association of the Company Category Mode of No. of No. of % of Votes No. of No. of % of % of voting shares votes polled on votes – in votes – votes Votes held polled o u tstanding favour against in against shares favour on on votes votes polled polled Promoter E-Voting 17274086 9227846 53.42 9227846 0 100 0 Poll Promoter Group Public- E-Voting Institutions Poll Public- E-Voting 8206614 2532089 30.85 2520115 11974 99.93 0.47 Poll Institutions Total 25480700 11759935 11747961 11974 Thanking you, Yours faithfully, For JOJO Ltd (formerly known as Madhuveer Com 18 Network Limited) Pushti Rajani Company Secretary & Compliance Officer Membership No.: A78352 Practising Company Secretary SCRUTINIZER'S REPORT The Chairman JOJO Ltd (formerly known as Madhuveer Com 18 Network Limited) Office No 812, Anand Mangal – III, Opposite Core house, Near Hirabag, Near Rajnagar Club, Ambawadi, Ahmedabad – 06 Sub: Scrutinizer's Report on Postal Ballot process conducted through electronic voting system in accordance with the provisions of Section 108 and Section 110 and other applicable provisions, if any of the Companies Act, 2013 read with Rule 20 and Rule 22 of Companies (Management and Administration) Rules, 2014, as amended. Dear Sir, We, Rupal Patel, Practicing Company Secretary, having office at 303, Prasad Tower, Opp. Jain Temple, Nehrunagar Cross Road, Ahmedabad-380015, have been appointed as the Scrutinizer by the Board of Directors of JOJO Ltd (formerly known as Madhuveer Com 18 Network Limited) (“Company”) vide Resolution passed at the Board Meeting held on June 10, 2026, to scrutinize the postal ballot through voting by electronic means ("remote e-voting’), in a fair and transparent manner and ascertain the requisite majority on the said postal ballot carried out pursuant to Section 110 read with Section 108 of the Companies Act, 2013 (“Act”), Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (including any statutory modification or re-enactment thereof for the time being in force) (“Rules”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), General Circular No. 14/2020 dated April 8, 2020, General Circular No. 17/2020 dated April 13, 2020, General Circular No. 20/2020 dated May 20, 2020, General Circular No. 22/2020 dated June 15, 2020, General Circular No. 33/2020 dated September 28, 2020, General Circular No. 39/2020 dated December 31, 2020, General Circular No. 10/2021 dated June, 23, 2021, General Circular No. 20/2021 dated December 8, 2021 , General Circular No. 03/2022 dated May 5, 2022, General Circular No. 11/2022 dated December 28, 2022 and General Circular No. 09/2023 dated September 25, 2023, 03/2025 dated September 22, 2025 (collectively referred to as “MCA Circulars”), Secretarial Standard on General Meetings ("SS-2") issued by the Institute of Company Secretaries of India and any other applicable law, rules and regulations, We submit our Report, as under: 1. The Postal Ballot Notice along with Explanatory Statement under Section 102 of the Act was sent only by electronic mode to those Members whose names appeared in the Register of Members / List of Beneficial Owners as on June 19, 2026, (“Cut-off Date”) received from National Securities Depository Limited ("NSDL") and Central Depository Services (India) Limited ("CDSL") and whose e-mail address was registered with the Depositories/ Depository Participants. A copy of the Postal Ballot Notice is also available on the website of the Company ( www.jojolimited.com ), the relevant section of the website of the Stock Exchange on which the Equity Shares of the Company are listed i.e. BSE Limited (www.bseindia.com) and the website of National Securities Depository Limited (“NSDL”), the remote e-voting service providing agency to the Company https://www.evoting.nsdl.com/ Members who held Equity Share(s) of the Company as on June 19, 2026, were entitled to vote through remote e-voting process in relation 303, Prasad Tower, Opp. Jain Derasar, Nehrunagar Char Rasta, Ahmedabad -380015, Ph. 079-26420603, M: 09825507376 Email: roopalcs2001p@gmail.com Practising Company Secretary to the Resolutions specified in the Postal Ballot Notice ("Eligible Members"), The dispatch of the Postal Ballot Notice was completed on [Showing first 8,000 characters — download PDF for full document]