Jolly Plastic Industries Schedules Board Meeting to Discuss Q1 Results and Preferential Share Allotment

Jolly Plastic Industries has announced a crucial board meeting scheduled for August 11, 2025, to address several important matters, including financial results and a potential equity issuance.

Key Agenda Items

The board meeting, to be held at the company's corporate office, will focus on the following key areas:

1. Financial Results: The board will consider and approve the unaudited financial results for the quarter ended June 30, 2025.

2. Annual General Meeting (AGM) Preparations:

   • Fixing the date, time, and venue for the Annual General Meeting for the Financial Year 2025-26.
   • Appointing a scrutinizer for the e-voting process.
   • Providing e-voting facilities for the upcoming AGM.

3. Equity Issuance: The board will discuss a proposal for issuing equity shares through preferential allotment, in accordance with SEBI regulations and the Companies Act, 2013.

4. Administrative Update: A rectification of the face value of equity shares on the Ministry of Corporate Affairs (MCA) portal is also on the agenda.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 29 of SEBI (Listed Obligation and Disclosures Requirements) Regulations, 2015. This ensures transparency and keeps shareholders and potential investors informed about significant corporate events.

Company Overview

Jolly Plastic Industries, with its registered office in Ahmedabad, Gujarat, operates under the CIN: L70100GJ1981PLC004932.

Investors and stakeholders are advised to keep an eye on further announcements from the company following the board meeting, as decisions made could potentially impact the company's financial structure and future direction.