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

+2.4%Reaction day

₹1020.00

prior close

₹1030.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+3.4% vs market

Investment Company peers, median of 61sector-1.6%+3.9% vs sector

On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 3.9 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

—

10m

—

15m

+0.0

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.4-1.0+3.4-1.6+3.9

Next day

+3.2-3.3+6.6-3.4+6.6

+8.6-2.9+11.6-3.4+12.0

+9.1-1.3+10.4-2.0+11.1

+10.2-1.2+11.4-1.9+12.1

+10.8-0.5+11.4-1.3+12.1

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15d

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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

Concatenate Power Advest, Concatenate Advest Advisory and Jindal India Power plan to acquire all public shares and voluntarily delist Jindal Photo from BSE and NSE. The promoter group holds 74.20% of 102,583,326 shares. The proposed offer price is Rs 1,118.60 per share, subject to approvals and tender conditions.

Likely market impact

If completed, public investors can sell at the proposed price, but the stock will lose exchange trading and liquidity. Completion is not assured.