Announced Mon, 29 Sept · 15:06 IST

Disclosure of AGM held on 29th September 2025 under regulation 30A of LODR

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jolly Plastic Industries held its Annual General Meeting on September 29, 2025, from 11:00 AM to 11:30 AM, and all agenda items were passed with the required majority. Shareholders approved the audited financial statements for FY ended 31st March 2025 along with the Directors' and Auditors' reports. Mr. Atul Kumar Agarwal (DIN: 00022779) was re-appointed as Director upon retirement by rotation, and Mr. Parul Kumar (DIN: 10264303) was newly appointed as a Director liable to retire by rotation. A special resolution was passed to approve related party transactions of up to Rs. 5 Crores per transaction for the period April 1, 2025 to March 31, 2026. Members also approved the rectification of the equity share face value with the MCA portal, confirming the correct face value as Rs. 10 per share (against an incorrectly recorded Rs. 1). Voting results and the Scrutinizer's Report by Mr. Sandeep Kumar Singh were made available on the company's website.

Likely market impact

Routine AGM compliance filing with no major surprises; the related party transaction approval of up to Rs. 5 Crores and the face value rectification are administrative in nature and unlikely to materially move the stock. New director appointment and re-appointment of the existing director are standard governance items.