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Jonjua Overseas informs about cancellation of unconfirmed pledge

07 Jul 2021 Evaluate
Jonjua Overseas has informed that cancellation of unconfirmed pledge has been received from Promoter Group Company. It is submitted as follows: In continuation of the letter dated 14-08-2019 it is stated that Jonjua Air (Formerly Jonjua Global Sources ) is not a promoter of Jonjua Overseas but a related party being a Promoter Group Company. As the creation of Pledge was not confirmed by the Pledgee Abhishek Gupta & Sons HUF, therefore, no Pledge was created under Rule 12.9.3 of NSDL Business Rules; The Unconfirmed Pledge of 2,25,000 shares of Jonjua Overseas of Jonjua Air (Formerly Jonjua Global Sources ) in favour of Abhishek Gupta & Sons HUF has been cancelled on 06-07-2021.

The above information is a part of company’s filings submitted to BSE.

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