In-principle approval received for voluntary delisting from BSE and NSE
JINDALPHOT · price
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Jindal Photo Limited has received in-principle approval from BSE and NSE for voluntary delisting of its equity shares from both stock exchanges, in compliance with SEBI Delisting Regulations 2021. The company had earlier proposed to delist and has now cleared this key exchange-level approval step. The final delisting will still require shareholder approval and a successful exit offer to public shareholders at a SEBI-determined floor price.
Shareholders should await the formal exit offer letter with the delisting price; trading liquidity on BSE and NSE will reduce before final delisting.