Announced Tue, 14 Jul · 17:25 IST

CFO resigned, company explains delayed disclosure to BSE

Cfo ResignedKmp ResignedManagement Changes View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹37.45
prior close
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+3.7+1.7
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AI summary

Braj Mohan Singh resigned as CFO of Jolly Plastic Industries effective 12 June 2026 due to a change in role within the company. He continues on the board as a Non-Executive Director. The board recorded the change on 3 July 2026. The company delayed the BSE intimation beyond the SEBI LODR timeline and called it an inadvertent administrative oversight during a wider management restructuring. It has now filed the disclosure and says internal compliance controls have been strengthened.

Likely market impact

CFO exit is part of an internal reshuffle, not a full departure. Late filing may draw a mild governance query from the exchange.