CFO and Key Managerial Personnel Changes at Jolly Plastic Industries Ltd
Jolly Plastic Industries Limited has announced significant shifts in its leadership roles, including the resignation of Chief Financial Officer (CFO) Mr. Braj Mohan Singh and the appointment of new Key Managerial Personnel (KMP). These changes are effective from June 12, 2026.The company disclosed details regarding the restructuring of its financial and managerial roles during a Board meeting held on July 3, 2026. The outcome of the meeting confirmed several key personnel transitions within the organization.
CFO Resignation and Designation Change
Mr. Braj Mohan Singh submitted his resignation from the position of Chief Financial Officer (CFO) of Jolly Plastic Industries Limited, effective June 12, 2026.
The details regarding Mr. Singh's CFO resignation are as follows:
| Particulars | Details |
|---|---|
| Reason for Change | Resignation from the office of Chief Financial Officer (CFO) |
| Date of Cessation | June 12, 2026 |
| Confirmation regarding reasons | Mr. Singh confirmed that he has no other material reasons or additional information to disclose in connection with his resignation. |
Furthermore, effective from the same date, Mr. Braj Mohan Singh underwent a change in designation. He was transitioned from Managing Director of the Company to Non-Executive Director. Regarding this transition:
| Particulars | Details |
|---|---|
| Reason for Change | Change in Designation from Managing Director to Non-Executive Director of the Company |
| Date of Cessation | June 12, 2026 |
| Confirmation regarding material reasons | Mr. Singh confirmed that he has no other material reasons or additional information to disclose in connection with his change in designation. |
New Appointments
Concurrent with these changes, Jolly Plastic Industries Limited appointed new officers and managerial personnel effective June 12, 2026. Mr. Gopal Dalmia was appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). Additionally, Mr. Shomik Kumar Mukerjee was appointed as Manager and Key Managerial Personnel (KMP) on the Board of the Company.
Stock Price Movement
Shares of Jolly Plastic Industries Ltd settled at ₹36.77 on Thursday, ticking up 2.00%. The stock traded completely flat throughout the session, as its intraday high and low were identical at ₹36.77.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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