Promoters set Rs 1,120 indicative offer price to delist Jindal Photo from BSE, 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

-1.3%Reaction day

₹1154.00

prior close

₹1197.30

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-0.8% vs market

Investment Company peers, median of 61sector+0.0%-1.3% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Microcap 250 and 1.3 pts less 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

-2.0

10m

-2.3

15m

-1.6

30m

-1.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3-0.5-0.8+0.0-1.3

Next day

-1.7-1.5-0.2-0.5-1.2

-4.5-0.9-3.6-0.4-4.1

-5.4-0.6-4.8-0.1-5.3

-8.5-1.8-6.7-1.5-7.0

-8.9-2.4-6.5-1.2-7.7

-8.1-0.7-7.4-1.1-7.1

15d

-6.1+2.4-8.5+0.0-6.1

-7.9+2.9-10.8-0.8-7.0

-2.3+1.2-3.4-3.8+1.5

-11.0+1.2-12.1-8.2-2.8

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 entities Concatenate Power Advest and Concatenate Advest Advisory, along with PAC Jindal India Power, propose to voluntarily delist Jindal Photo from BSE and NSE. The registered valuer has set the floor price at Rs 1,119.50 per share. Acquirers have announced an indicative offer price of Rs 1,120 per share. The delisting will follow SEBI Delisting Regulations 2021.

Likely market impact

Shareholders may get an exit opportunity at around Rs 1,120 per share via the delisting offer. Final price depends on reverse book building response from public shareholders.