Jolly Plastic's board approved a preferential allotment of 1.77 crore equity shares to Bhaum Digital Ventures via a share swap.
The allotment, valued at Rs. 17.7 crore, was approved by the board on April 3, 2026, and executed via a share swap agreement.
The transaction is compliant with SEBI regulations and the Companies Act, 2013, and involves a non-promoter, non-cash consideration.