Board approves voluntary delisting proposal, floor price at Rs 1119.50 per share

Board & Shareholder Meetings View source PDF

JINDALPHOT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.2%1-day move

₹1139.00

prior close

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AI summary

Jindal Photo board on July 16, 2026 approved voluntary delisting from BSE and NSE, subject to shareholder approval via postal ballot. Promoters (Concatenate Power Advest, Concatenate Advest Advisory, and PAC Jindal India Power) plan to acquire 26.46 lakh shares (25.80 percent public holding) at a floor price of Rs 1,119.50 per share (indicative Rs 1,120). Due diligence and share capital audit reports submitted. Cut-off date set as July 10, 2026.

Likely market impact

Public shareholders to vote on delisting via postal ballot; exit opportunity at floor price Rs 1,119.50 per share. Stock may see volatility.