Announced Mon, 29 Jun · 15:24 IST
Jindal Photo: Initial Announcement for Proposed Delisting Filed with BSE
JINDALPHOT · price
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Price reaction · full curve 14 horizons · vs prior close
+14.1%1-day move
₹1066.20
prior close
₹1082.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+14.1+11.6+10.0+10.0+8.8+6.1+3.4———
Up moveDown movePending
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.