Company Update

Jumbo Bag Limited's board meeting on July 31st approved the financial results for the quarter ended June 30, 2025. Strategic approvals include an investment of ₹0.25 Cr in mutual funds or equity and up to ₹11.60 Cr for a 2MW AC solar power project.

The company also allotted 600,000 fully convertible warrants on a preferential basis at ₹61 each, totaling ₹3.66 Cr, with ₹2.196 Cr received upfront.

These warrants can be converted into equity shares within 18 months.

The 35th Annual General Meeting is scheduled for September 4, 2025, via video conferencing.