Submission of Newspaper Advertisements regarding Corrigendum to the Notice of Extra Ordinary General Meeting held on 16th February 2026 published on 19th February 2026.
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Jolly Plastic Industries has submitted copies of newspaper advertisements (Financial Express, English and Gujarati) published on 19 February 2026 regarding a corrigendum to its Extra-Ordinary General Meeting (EGM) notice. The EGM was held on 16 February 2026. The corrigendum adds two undertakings to Item No. 02 of the original EGM notice, which deals with issuing equity shares on a preferential basis to Bhaum Digital Ventures Private Limited via a share swap under a Share Purchase Agreement dated 21 January 2026. The new undertakings relate to (1) re-computing the price of the specified securities as required under SEBI ICDR Regulations, and (2) keeping allotted shares locked-in if any re-computed price amount is not paid within the stipulated time. As advised by BSE on 16 February 2026, the company will re-open the e-voting window for 48 hours from 20 February 2026 (9:00 AM) to 22 February 2026 (5:00 PM) for all shareholders.
This is a procedural disclosure adding clarifications to the proposed preferential share-swap with Bhaum Digital Ventures without changing the substance of the deal. Shareholders get a fresh 48-hour e-voting window to vote on the resolution. No major financial impact, but investors should note the ongoing preferential issuance and the new compliance undertakings now attached to it.