Jolly Plastic Industries Ltd — Important, 09-07-2026: Company Update

Jolly Plastic Industries has released its Annual Report for FY2025-2026. The company reported revenue from operations of 2.26 Cr and a net profit of 0.11 Cr for the year, with basic EPS at Rs 0.0159. The Board decided not to pay a dividend. A major highlight is the increase in authorized share capital to 27 Cr and the preferential allotment of 1.77 Cr equity shares for 17.70 Cr to Bhaum Digital Ventures Private Limited. This deal gives Bhaum Digital Ventures a 72.61% stake. The company also announced significant board and management changes. Auditors noted the accounting software lacks audit trail features, which the company is addressing.