Jindal Poly Films Limited has informed the Exchange regarding Outcome of Board Meeting held on April 10, 2026.

Deal CancelledStrategic Transactions View source PDF Explain this filing

JINDALPOLY · price

Loading chart…

▲ 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

-4.4%Reaction day

₹770.00

prior close

₹732.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.0%-4.4% vs market

Packaging peers, median of 62sector-0.6%-3.8% vs sector

On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.8 pts less than its Packaging 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

+0.6

10m

+2.5

15m

+2.1

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.4-0.0-4.4-0.6-3.8

Next day

-5.5+2.5-8.0+1.2-6.6

-8.3+3.7-12.0+1.4-9.7

-7.2+4.9-12.1+2.5-9.7

-7.7+4.3-12.0+2.1-9.8

-5.3+5.5-10.8+1.6-6.9

-5.5+6.6-12.0+2.1-7.6

15d

-4.6+10.3-14.9+3.6-8.2

-9.0+7.7-16.6+1.4-10.4

-4.5+13.7-18.2+0.8-5.3

-10.9+19.1-30.0+3.9-14.8

UpDownMarket · Nifty Microcap 250Sector · Packaging peers, median of 62Pending

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

AI summary

Jindal Poly Films Limited's Board has decided to withdraw its application seeking no-objection letters from BSE and NSE for a proposed Scheme of Arrangement. The scheme involved demerging the Non-Woven Fabrics business division into Global Nonwovens Limited. The Board cited procedural delays, geopolitical instability, and evolving market dynamics as reasons for withdrawal. The company stated there is no monetary impact and no court or NCLT proceedings were pending as the scheme had not been filed with the tribunal. The company will evaluate future course of action later.

Likely market impact

The demerger of the Non-Woven Fabrics business will not proceed at this stage. Shareholders should note the company retains flexibility to revisit the scheme in future based on market conditions, with no immediate financial impact expected.