Jolly Plastic Industries Limited has announced the voting results for its Extraordinary General Meeting (EGM) held on February 16, 2026. The company conducted remote e-voting on special resolutions related to regulatory compliance under SEBI ICDR regulations, with both resolutions receiving strong shareholder approval.

Meeting and Voting Details

The EGM was held on Monday, February 16, 2026, at 11:00 AM at the company's registered office in Ahmedabad. A corrigendum to the original EGM notice was issued on February 19, 2026, with the record date set as February 9, 2026. The company had 6241 total shareholders as on the record date.

Resolution Results

Both special resolutions presented to shareholders were passed with substantial majority support. The voting was conducted entirely through remote e-voting, with no physical poll conducted during the meeting.

Resolution 1: Price Re-computation Undertaking

The first resolution related to disclosure under Regulation 163(1)(g) of SEBI ICDR regulations, where the company undertook to re-compute the price of specified securities wherever required.

Resolution 2: Lock-in Provision Undertaking

The second resolution addressed disclosure under Regulation 163(1)(h) of SEBI ICDR regulations, with the company undertaking that equity shares allotted pursuant to preferential issue shall remain locked-in if re-computation amounts are not paid within stipulated time.

Voting Process and Scrutiny

The remote e-voting process was conducted through the www.evotingindia.com portal from February 20, 2026 (09:00 AM IST) to February 22, 2026 (05:00 PM IST). CA Sandeep Kumar Singh (Membership No. 511685) served as the appointed scrutinizer for the voting process.

The total votes polled represented 7.41% of the company's outstanding shares of 6676400. Notably, promoter and promoter group members did not participate in the voting process, with all votes coming from public non-institutional shareholders. The scrutinizer confirmed that all resolutions were passed with the requisite majority through the remote e-voting process.

Regulatory Compliance

The voting results were submitted to BSE Limited in compliance with Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Sandhya Yadav (M. No: A61470) signed the submission documents on February 23, 2026, ensuring timely regulatory compliance.

Jolly Plastic Industries Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showing modest growth in key financial metrics. The company's Board of Directors approved these results during their meeting held on February 13, 2026, which commenced at 12:50 PM and concluded at 1:20 PM.

Quarterly Financial Performance

The company demonstrated improved operational performance in Q3 FY26 compared to the corresponding quarter of the previous year. Revenue from operations showed significant growth, while the company maintained profitability despite challenging market conditions.

Nine Months Performance Analysis

For the nine months ended December 31, 2025, the company's financial performance reflected mixed results across different parameters. While revenue from operations showed growth, overall profitability was impacted by various operational factors.

Expense Structure and Operational Metrics

The company's expense management during Q3 FY26 showed controlled operational costs. Total expenses for the quarter amounted to ₹9.01 lakhs compared to ₹11.17 lakhs in Q3 FY25. Key expense components included purchases of stock-in-trade at ₹3.02 lakhs, employee benefits expense of ₹1.11 lakhs, and other expenses totaling ₹4.89 lakhs.

Earnings Per Share and Capital Structure

The company maintained its paid-up equity share capital at ₹667.64 lakhs with a face value of ₹10.00 per share. Basic and diluted earnings per share for Q3 FY26 stood at ₹0.006, compared to ₹0.005 in the corresponding quarter of the previous year. For the nine months period, earnings per share was ₹0.06 compared to ₹0.09 in the previous year.

Corporate Governance and Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 13, 2026. The company confirmed no investor complaints were pending at the beginning of the quarter, and no complaints were received during Q3 FY26. Additionally, Jolly Plastic Industries Limited submitted an undertaking confirming no deviations in the use of public issue proceeds from its Initial Public Offer for the quarter and nine months ended December 31, 2025, in compliance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.