Announced Tue, 9 Jun · 17:10 IST

Jolly Plastic Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/06/2026 ,inter alia, to consider and approve the items as mentioned ....

Board & Shareholder Meetings View source PDF

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AI summary

Jolly Plastic Industries has called a Board meeting on 12 June 2026 with a packed agenda covering major corporate changes. The Board will consider changing the company's name (pending MCA approval), appoint three new directors including Mr. Suvendu Chunder, Mr. Ananjan Mitter, and Mr. Kamal Nain Pandya, and fill key management positions including Manager, Company Secretary (Mr. Joydeep Datta Gupta), and CFO (Mr. Gopal Dalmia). The meeting will also appoint M/s PK Drolia & Co as new statutory auditors, accept resignations of existing directors, KMP, and the current statutory auditor, reconstitute board committees, and approve the date for the 2026 Annual General Meeting.

Likely market impact

This is a major management overhaul with simultaneous changes in directors, KMP, and auditors — along with a proposed company name change — which could signal a strategic reset or change in control. Shareholders should watch for the outcomes on 12 June 2026 as such sweeping appointments together are unusual for small-cap companies.