Jolly Plastic Industries Ltd — Important, 03-04-2026: Company Update

Jolly Plastic Industries has allotted 1.77 crore equity shares, each with a face value of Rs. 10, to Bhaum Digital Ventures Private Limited on a preferential basis. The Board of Directors approved this significant allotment, valued at 17.70 crore, which was made as consideration other than cash through a share swap agreement. This action expands the company's issued equity capital and brings in Bhaum Digital Ventures as a new non-promoter shareholder, directly altering the company's ownership structure.