Jolly Plastic Industries Announces Major Leadership Appointments and Operational Shift Following Board Meeting
Jolly Plastic Industries Ltd conducted a board meeting on June 12, 2026, which resulted in several significant changes regarding its leadership structure, operational base, and financial oversight. The meeting addressed appointments of key managerial personnel (KMP), the appointment of new directors, and accepted multiple resignations from existing members.Key professional appointments approved by the Board included Mr. Atul Kumar Agarwal as Chairperson. Furthermore, the company appointed Mr. Shomik Kumar Mukherjee as Manager and Key Managerial Personnel (KMP) effective June 12, 2026. The company also designated Mr. Joydeep Datta Gupta as the Company Secretary and Compliance Officer, naming him a KMP from the same date. Addressing financial management, the Board approved Mr. Gopal Dalmia as Chief Financial Officer (CFO) and a KMP, effective June 12, 2026.
The meeting also sanctioned the appointment of several new directors, subject to shareholder approval at the ensuing Annual General Meeting (AGM). These appointments included Mr. Suvendu Chunder (Additional Non-Executive Independent Director), Mr. Ananjan Mitter (Additional Non-Executive Independent Director), and Mr. Kamal Nain Pandya (Additional Non-Executive Director in professional category), all effective June 12, 2026.
In operational and administrative matters, the Board approved the commencement of day to day operations from a new Corporate Office located at Tangra Industrial Estate -I, 45, Radhanath Chowdhury Road, Kolkata on June 12, 2026. Furthermore, the company approved the opening of new bank accounts and the closure of existing bank accounts, authorizing designated officials to complete all related formalities.
Regarding statutory matters, M/s P.K. Drolia & Co., Chartered Accountants, was appointed as the Statutory Auditor, taking over from the resigning audit firm. The Board also approved the convening of the Annual General Meeting for the financial year ended March 31, 2026.
The meeting took note and accepted resignations tendered by two directors and the existing statutory auditor:
| Role | Name/Firm |
|---|---|
| Director | Mr. Rajesh Kumar Vaid |
| Director | Mr. Parul Kumar |
| Statutory Auditor | M/s GAMS & Associates LLP (Chartered Accountants) |
Stock Price Movement
Jolly Plastic Industries Ltd. shares settled at ₹39.01 on Friday, climbing 1.69%. During the trading session, the stock moved between an intraday low of ₹38.01 and a high of ₹40.27.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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