Revised Intimation regarding receipt of Trading Approval.
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Jolly Plastic Industries Ltd has received Trading Approval from BSE Limited for 1,00,00,000 equity shares of Rs. 10 each at par (Rs. 0 premium). The shares were issued to non-promoters via a preferential allotment and have distinctive numbers ranging from 6676401 to 24376400. The approval was granted vide BSE letter dated May 22, 2026. This intimation is made under SEBI Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015. The company has enclosed the trading approval letter for BSE records.
This represents a significant dilution of equity as 1 crore shares are being issued to non-promoters, which will increase the total share capital. Existing shareholders may experience dilution in their holding percentage.