Company Update

Jolly Plastic Industries Limited has announced audited financial results for the quarter and year ended March 31, 2025. Additionally, a secured creditor has taken possession of a residential flat belonging to the company under SARFAESI Act enforcement due to outstanding dues.

The notice cautions against any dealings with the property.

This development indicates ongoing recovery actions by lenders, potentially impacting the company's asset portfolio and stakeholder interests.

Investors should monitor further updates on the company’s financial health and asset status.