Jolly Plastic Industries Submits Q4FY26 Dematerialization Report to BSE

2 min read     Updated on 08 Apr 2026, 02:38 PM
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AI Summary

Jolly Plastic Industries Limited submitted its Q4FY26 dematerialization compliance report to BSE, covering the period ended March 31, 2026. The company processed 3500 shares across CDSL and NSDL depositories, with 2700 shares successfully accepted for dematerialization and 800 shares rejected. NSDL showed higher acceptance rates at 89.47% compared to CDSL's 62.50%, with all processing completed within regulatory timeframes.

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Jolly plastic industries Limited has submitted its quarterly dematerialization report to BSE Limited for the quarter ended March 31, 2026, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The report provides comprehensive details of physical share certificates processed for dematerialization during Q4FY26.

Regulatory Compliance and Submission

The company's Director, Atul Kumar Agarwal (DIN: 00022779), signed and submitted the compliance certificate on April 8, 2026. The submission was accompanied by confirmation from Skyline Financial Services Private Limited, the company's registrar and transfer agent, certifying that all processed securities have been properly listed and mutilated certificates have been cancelled within the prescribed 15-day timeframe.

CDSL Dematerialization Activity

During Q4FY26, the company processed dematerialization requests through CDSL covering the period from January 1, 2026, to March 31, 2026. The activity summary shows significant processing volumes across multiple shareholder accounts.

Parameter: Details
Total Quantity Downloaded: 1600 shares
Number of Requests: 11
Quantity Rejected: 600 shares
Rejected Requests: 4
Quantity Accepted: 1000 shares
Successful Requests: 7

The CDSL processing involved shareholders including Ashok Jain, Babulal Khimraj Jain, Premlatha Surana, Aruna Arun Khinvasara, and others. Processing times ranged from 2 to 9 days, with most requests completed within a week of receipt.

NSDL Dematerialization Performance

The NSDL segment showed higher acceptance rates during the same period, processing requests from various individual and joint shareholders across different regions.

Parameter: Details
Total Quantity Downloaded: 1900 shares
Number of Requests: 9
Quantity Rejected: 200 shares
Rejected Requests: 2
Quantity Accepted: 1700 shares
Successful Requests: 7

Notable shareholders in the NSDL processing included Radheshyam Rampratap Shah, Manoj Kumar Mahajan, Kulbir Singh, Ronish Dilip Morakhia, and Piyush Chinubhai Shah with Parul Piyush Shah as joint holder.

Overall Quarterly Performance

The combined dematerialization activity across both depositories demonstrates the company's active participation in facilitating electronic holding of shares for its investors.

Depository: Downloaded Rejected Accepted Success Rate
CDSL: 1600 shares 600 shares 1000 shares 62.50%
NSDL: 1900 shares 200 shares 1700 shares 89.47%
Total: 3500 shares 800 shares 2700 shares 77.14%

The report confirms that all accepted dematerialization requests were processed within regulatory timelines, with processing periods ranging from 2 to 11 days. The company maintained proper documentation and verification procedures throughout the quarter, ensuring compliance with SEBI guidelines for depository operations.

Historical Stock Returns for Jolly Plastic Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+27.55%+20.58%-81.56%-82.48%-83.35%

What factors might be driving the significant difference in success rates between CDSL (62.50%) and NSDL (89.47%) for dematerialization requests?

How could the company improve its overall 77.14% dematerialization success rate to reduce the 800 rejected shares in future quarters?

Will the increasing trend toward dematerialization impact Jolly Plastic Industries' shareholder base composition and trading liquidity in FY27?

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Jolly Plastic Industries Completes Allotment of 1.77 Crore Equity Shares

2 min read     Updated on 03 Apr 2026, 05:42 PM
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AI Summary

Jolly Plastic Industries Limited successfully completed the preferential allotment of 1,77,00,000 equity shares valued at ₹17.70 crore to Bhaum Digital Ventures Private Limited on April 3, 2026. The transaction was executed through a share swap arrangement pursuant to an agreement dated January 21, 2026, with proper regulatory disclosure under SEBI regulations.

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Jolly Plastic Industries Limited has successfully completed the allotment of 1,77,00,000 equity shares to Bhaum Digital Ventures Private Limited following a board meeting held on April 3, 2026. The allotment was executed through a share swap arrangement with a total consideration of ₹17.70 crore.

Board Meeting Outcome

The board of directors approved the preferential allotment during their meeting that commenced at 4:00 pm and concluded at 4:30 pm on April 3, 2026. The allotment was made on a preferential basis to Bhaum Digital Ventures Private Limited, classified as a non-promoter entity, for consideration other than cash via share swap pursuant to the share purchase agreement dated January 21, 2026.

Parameter: Details
Meeting Date: April 3, 2026
Meeting Duration: 4:00 pm to 4:30 pm
Shares Allotted: 1,77,00,000 equity shares
Face Value: ₹10 per share
Total Consideration: ₹17.70 crore
Allottee: Bhaum Digital Ventures Private Limited
Category: Non-Promoter

Transaction Structure

The allotment represents the completion of a transaction initially approved by the board during their meeting on January 21, 2026. The equity shares of ₹10 each were issued on a preferential basis in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and provisions of the Companies Act, 2013.

Allottee Details: Specifications
Company Name: Bhaum Digital Ventures Private Limited
Promoter Status: Non-Promoter
Consideration Type: Share Swap (Other than Cash)
Agreement Date: January 21, 2026

Regulatory Compliance

The company fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Director Atul Kumar Agarwal (DIN: 00022779) and submitted to BSE Limited with scrip code 507968. The formal communication was addressed to the Chief General Manager, Listing Operation at BSE Limited.

Regulatory Details: Information
Regulation: SEBI (LODR) Regulations, 2015 - Regulation 30
Scrip Code: 507968
Signing Authority: Atul Kumar Agarwal (Director)
DIN: 00022779
Exchange: BSE Limited

The successful completion of this preferential allotment marks the culmination of a process that began in January 2026, demonstrating the company's commitment to executing planned transactions following proper regulatory procedures and obtaining necessary approvals.

Historical Stock Returns for Jolly Plastic Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+27.55%+20.58%-81.56%-82.48%-83.35%

What strategic synergies does Jolly Plastic Industries expect to achieve through this partnership with Bhaum Digital Ventures?

How will the dilution from issuing 1.77 crore new shares impact existing shareholders' voting rights and dividend expectations?

What assets or business operations did Bhaum Digital Ventures transfer to Jolly Plastic Industries as part of this share swap arrangement?

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1 Year Returns:-82.48%