Jumbo Bag Ltd — Board Meeting, 31-07-2025: Board Meeting

Jumbo Bag's Board has approved the financial results for the quarter. The company also announced its 35th Annual General Meeting for September 4, 2025, to be held via video conferencing. The Board greenlighted significant strategic investments, including up to 11.60 Cr in a 2MW solar power project and 0.25 Cr in mutual funds or equity. Furthermore, the Board approved the allotment of 600,000 fully convertible warrants at ₹61 each, raising an upfront payment of approximately 2.20 Cr. These warrants, convertible into equity shares over 18 months, will provide future capital for the company.