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Jonjua Overseas announces 1:10 bonus issue of shares
short by / on Monday, 23 June, 2025
Jonjua Overseas, a shareholder of Jonjua Air Limited, will receive bonus shares after Jonjua Air's board approved a 1:10 bonus issue. This means 1 bonus share for every ten held, pending approvals. Jonjua Air's leadership includes Major Harjinder Singh Jonjua (Retd.) and Mr. Harmanpreet Singh Jonjua. The stock has a PE of 9x versus the industry PE of 40x.