Jolly Plastic Industries Schedules Board Meeting on May 20, 2026 to Approve Audited Financial Results for Q4 and FY26

1 min read     Updated on 15 May 2026, 02:17 PM
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Jolly Plastic Industries has notified BSE Limited of a Board of Directors meeting scheduled for May 20, 2026, under Regulation 29 of SEBI (LODR) Regulations, 2015. The meeting will be held at the company's corporate office in Delhi to consider and approve audited financial results for the quarter and financial year ended March 31, 2026. The trading window closure is set to end 48 hours after the results are made public on the same date. The intimation was filed by Director Atul Kumar Agarwal on May 15, 2026.

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Jolly Plastic Industries has informed BSE Limited of a Board of Directors meeting scheduled for Wednesday, May 20, 2026, at the company's corporate office. The intimation has been filed pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Purpose of the Board Meeting

The board meeting has been convened to consider, approve, and take on record the audited financial results for the quarter and financial year ended March 31, 2026. The board will also consider other business items, if any, during the meeting.

The key details of the scheduled board meeting are outlined below:

Parameter: Details
Meeting Date: Wednesday, May 20, 2026
Venue: Corporate Office, S-524, F/F, School Block, Vikas Marg, Shakarpur, Delhi-110092
Agenda: Audited Financial Results for Q4 and FY26 (quarter and year ended March 31, 2026)
Regulatory Basis: Regulation 29 of SEBI (LODR) Regulations, 2015
Exchange Notified: BSE Limited

Trading Window Closure

In connection with the forthcoming board meeting to consider the audited financial results, the company has also communicated that the trading window closure will end 48 hours after the results are made public on May 20, 2026. This is in compliance with applicable SEBI insider trading regulations.

The intimation was signed by Atul Kumar Agarwal, Director (DIN: 00022779) on behalf of Jolly Plastic Industries Limited and addressed to the Deputy Manager, Listing Compliance Department, BSE Limited.

Historical Stock Returns for Jolly Plastic Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%+4.20%+19.64%-78.93%-80.98%-81.93%

How have Jolly Plastic Industries' revenue and profit margins trended over the past few quarters, and what growth trajectory might the FY26 annual results reveal?

Given the competitive pressures in India's plastics manufacturing sector, how might rising raw material costs or regulatory changes around single-use plastics have impacted the company's FY26 performance?

Will the board consider any dividend declaration, capital expenditure plans, or strategic expansion announcements alongside the FY26 financial results?

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Jolly Plastic Industries Receives BSE Listing Approval for 1.77 Crore Equity Shares

1 min read     Updated on 01 May 2026, 03:59 PM
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Jolly Plastic Industries Limited received BSE listing approval for 1,77,00,000 equity shares of Rs. 10 each issued to non-promoters on preferential basis. The approval dated April 30, 2026, covers shares with distinctive numbers 6676401 to 24376400. The company must now file for trading approval within seven working days along with required NSDL/CDSL confirmations and NSE approval if applicable.

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Jolly Plastic Industries Limited has secured listing approval from BSE for its preferential share allotment, marking a significant milestone in the company's capital raising activities. The approval covers 1,77,00,000 equity shares issued to non-promoter investors at par value.

Listing Approval Details

BSE granted the listing approval through letter number LOD/PREF/KS/FIP/168/2026-27 dated April 30, 2026. The approved shares carry specific parameters that define their market positioning and regulatory compliance requirements.

Parameter Details
Number of Shares 1,77,00,000
Face Value Rs. 10 per share
Issue Price At par (Rs. 10)
Distinctive Numbers 6676401 to 24376400
Allottee Category Non-Promoter
Approval Date April 30, 2026

Regulatory Compliance Requirements

The listing approval comes with mandatory compliance obligations under SEBI regulations. The company must ensure adherence to Regulation 167 of SEBI (ICDR) Regulations and other specifications mandated by SEBI from time to time.

Key compliance requirements include:

  • Filing shareholding pattern in XBRL mode if shareholding change exceeds 2% of total paid-up share capital
  • Compliance with SEBI LODR Regulations, 2015 under Regulation 31(1)(c)
  • Adherence to Schedule XIX of ICDR Regulations

Trading Approval Prerequisites

Before trading approval can be granted, Jolly Plastic Industries must submit several critical documents to BSE. The exchange has specified that trading approval will only be processed after receiving complete documentation.

Requirement Details
NSE Approval Listing approval from National Stock Exchange (if applicable)
Depository Confirmation NSDL/CDSL confirmation of share crediting to beneficiary accounts
Lock-in Confirmation NSDL/CDSL confirmation of pre-preferential holding lock-in (if applicable)
Filing Timeline Within seven working days from listing approval date

Timeline and Penalty Framework

According to SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, listed entities must apply for trading approval within seven working days from the listing approval grant date. Non-compliance with this timeline will attract penalties as specified in the circular.

Corporate Information

Jolly Plastic Industries Limited operates with its registered office in Ahmedabad, Gujarat, and corporate office in Delhi. The company's director Atul Kumar Agarwal confirmed receipt of the listing approval and communicated the development to BSE on May 1, 2026.

Historical Stock Returns for Jolly Plastic Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.98%+4.20%+19.64%-78.93%-80.98%-81.93%

What strategic initiatives will Jolly Plastic Industries pursue with the Rs. 177 crore capital raised from this preferential allotment?

How might the dilution from issuing 1.77 crore shares to non-promoters affect the company's ownership structure and governance decisions?

Will Jolly Plastic Industries seek dual listing on NSE to enhance liquidity and market access for these newly issued shares?

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1 Year Returns:-80.98%