Announced Thu, 16 Jul · 13:24 IST
Promoters set Rs 1,120 indicative offer price to delist Jindal Photo from BSE, NSE
JINDALPHOT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.7%1-day move
₹1154.00
prior close
₹1197.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.3—-1.3-1.7-4.5-5.4-8.5-8.9-8.1————
Up moveDown movePending
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.