StockWatch
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Packaging
Board Meeting29 Apr 2026, 06:01 pm

Jumbo Bag Board approves FY26 results, 7.5% dividend, 6L share allotment

AI Summary

Jumbo Bag Ltd's Board of Directors approved the Audited Financials for the Quarter and Year ended March 31, 2026. The Board recommended a final dividend of 7.5% per equity share for FY 2025-26. Additionally, the company allotted 6,00,000 equity shares of ₹10 each to preferential warrant holders upon conversion, receiving a balance consideration of ₹1,46,40,000. These shares were issued at ₹61 each (including a premium of ₹51). The Board also approved a further investment of ₹25,00,000 in mutual funds or equity. Other approvals included the draft Director's Report, MDA for FY 2025-26, and the notice for the 36th Annual General Meeting (AGM) to be held on July 30, 2026, via video conferencing. The Board also fixed the book closure and record date for the AGM and appointed a scrutinizer for e-voting.

Key Highlights

  • Board approved Audited Financials for the Quarter and Year ended March 31, 2026.
  • Recommended a final dividend of 7.5% per equity share for FY 2025-26.
  • Allotted 6,00,000 equity shares to preferential warrant holders at ₹61 each.
  • Approved a further investment of ₹25,00,000 in mutual funds or equity.
  • Set the 36th Annual General Meeting for July 30, 2026, via video conferencing.