Jindal Photo: Initial Announcement for Proposed Delisting Filed with BSE

Voluntary Delisting ProposedCapital Market Events View source PDF Explain this filing

JINDALPHOT · price

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

Price reactionminutes from the announcement price · days from the prior close

+5.5%Reaction day

₹1066.20

prior close

₹1082.30

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+5.8% vs market

Investment Company peers, median of 62sector-0.9%+6.4% vs sector

On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 6.4 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.9

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.5-0.3+5.8-0.9+6.4

Next day

+14.1+0.8+13.4-0.5+14.7

+11.6+0.9+10.7-0.1+11.7

+10.0+1.8+8.2+0.4+9.6

+10.0+1.5+8.6+0.3+9.7

+8.8+1.7+7.1+0.0+8.8

+6.1-1.1+7.2-1.2+7.3

15d

+3.4+1.0+2.4-0.9+4.2

-0.2+0.4-0.6-1.9+1.7

-4.8+6.4-11.1-0.7-4.1

-2.4+5.5-7.8-7.4+5.1

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 62Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Saffron Capital Advisors, acting as Manager to the Offer for Jindal Photo Ltd, has submitted an Initial Public Announcement to BSE under Regulation 8 of the SEBI Delisting Regulations. This marks the first formal step in the company's proposed voluntary delisting process from the stock exchange.

Likely market impact

First step of voluntary delisting. Floor price discovery and reverse book building will follow. Shareholders should track next steps for potential exit price.