Announced Thu, 9 Jul · 12:24 IST
Annual Report FY26: 72.6% stake transfer to Bhaum Digital Ventures
Compliance View source PDF
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Jolly Plastic Industries filed FY26 Annual Report. Revenue rose to Rs 22.60 lakh but net profit fell to Rs 1.06 lakh (EPS Rs 0.016). No dividend. Key event: preferential allotment of 1.77 crore shares at Rs 10 (Nil premium) to Bhaum Digital Ventures, giving it 72.61% stake - effective change of control. Full board overhaul in June 2026: statutory auditor GAMS resigned, new directors and KMP appointed. Small company.
Likely market impact
Major change of control to Bhaum Digital Ventures (72.6% stake). No dividend, weak profits, full management and auditor overhaul.