Jindal Photo: Promoter group proposes voluntary delisting from BSE and NSE

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

+8.2%Reaction day

₹1125.00

prior close

₹1201.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%+7.1% vs market

Investment Company peers, median of 61sector+0.2%+8.0% vs sector

On the reaction day the stock moved 7.1 pts more than Nifty Microcap 250 and 8.0 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

+3.2

10m

+3.1

15m

+3.2

30m

+2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.2+1.0+7.1+0.2+8.0

Next day

+5.8+1.2+4.6+0.6+5.1

+4.3+2.1+2.2+1.3+3.0

+4.3+1.7+2.6+1.1+3.2

+3.1+1.9+1.2+0.5+2.6

+2.3+1.2+1.1+0.0+2.3

+1.5+1.1+0.4+0.3+1.2

15d

-2.9+1.6-4.6-0.9-2.1

-4.9+0.1-5.0-0.8-4.1

-9.7+6.6-16.4-0.5-9.2

-8.4+5.5-13.8-5.9-2.5

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 61Pending

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

AI summary

Promoter group of Jindal Photo (Concatenate Power Advest, Concatenate Advest Advisory, and PAC Jindal India Power) plans to acquire 26,46,183 public shares worth 25.80 percent of capital and delist from BSE and NSE. Promoters already hold 74.20 percent. Floor price not yet set, to be discovered via reverse book building. Needs special resolution from public shareholders and bids totalling 90 percent acceptance for delisting to succeed.

Likely market impact

Public shareholders may get an exit through reverse book building if delisting succeeds. Price not yet decided and outcome depends on shareholder vote and bid response.