Madhuveer Com 18 Network Ltd

Agreement details

• Entered into a Content Distribution Agreement with Jio Platforms Limited to distribute JOJO TV on JioFastTV.
• JOJO TV Gujarati FAST channel now live on JioFastTV, expanding distribution nationwide.
• No additional subscription cost for JOJO TV on JioFastTV.
• JioFastTV adds a significant new distribution platform within JOJO's network.

Major approvals

• Bonus issue in 1:1 ratio, subject to AGM e-voting approval.
• Authorised share capital to Rs 70 crore via MOA amendment; postal ballot required.
• Director's Report for year ended 31 March 2026 approved; Secretarial Audit Report adopted.
• 30th AGM scheduled for 18 September 2026 at 3:00 PM IST via VC.
• Register of Members and Transfer Books to close 12-18 September 2026.
• Draft Notice of AGM approved.
• Mrs. Rupal Patel, PCS appointed Scrutinizer for remote e-voting and AGM.

Deviation and fund utilisation

• Purpose: No deviation in use of proceeds from the preferential issue.
• Mode of fund raising: Convertible warrants on a preferential basis for cash.
• Date of fund raising: 7 May 2026; Amount raised: Rs 27 crore; Total raised: Rs 40 crore.
• Deviation: No deviation or variation in use of funds.
• Audit committee comments: No comments.
• Monitoring agency: NA.
• Original vs modified objects: No deviation; initial allocations continued.
• Status of fund utilisation: No detailed utilisation disclosed.

Financial results approved

• Unaudited standalone results for quarter ended 30 June 2026 approved.
• Unaudited consolidated results for quarter ended 30 June 2026 approved.
• Audit Committee reviewed results; Board took on record on 13 August 2026.

Governance and corporate actions

• Name changed to JOJO LIMITED from MADHUVEER COM18 NETWORK LIMITED on 17 March 2026.
• Acquired business vertical from Navkar Events Private Limited in quarter ended 31 March 2026.

Investor relations and disclosures

• Four investor complaints received in quarter ended 30 June 2026; all resolved; none pending.

Audit and regulatory reporting

• Independent auditor Shah Sanghvi & Associates conducted reviews; reports dated 13 August 2026.

Meeting Details

• Date: August 17, 2026; time not disclosed; venue: Registered Office.

Key Agenda Items

• Issue fully paid bonus equity shares to members, subject to approvals.
• Increase authorized share capital and alter MOA if needed.
• Draft Director's Report and Secretarial Audit Report for year ended Mar 31, 2026.
• Fix date, time, and venue for the Annual General Meeting.
• Decide dates for closure of Register of Members and Share Transfer Register.
• Approve draft notice for the Annual General Meeting.
• Appoint Scrutinizer for remote e-voting and AGM voting.
• Any other business with Chairman's permission.

Other Notes

• Trading window closed Aug 10-19, 2026 for designated employees.

Resolution 1: Share split (Ordinary)

• Resolution 1 (Ordinary): Sub-division of face value from ₹10 to ₹5; approved by requisite majority.

Resolution 2: Capital clause alteration (Special)

• Resolution 2 (Special): Alter MOA capital clause; approved by requisite majority; record date 19-Jun-2026.

Share sub-division details

• Every Rs 10 face value share to be split into two Rs 5 shares.
• Record date fixed as 7 August 2026 to determine eligibility.

Dematerialisation processing and listing

• Securities dematerialised have been listed on the stock exchanges where existing securities are listed.
• Dematerialisation certificates were mutilated and cancelled; depositories' names substituted as registered owners within 15 days.