Announced Fri, 10 Apr · 19:51 IST
Postal ballot: RPT up to Rs 2,000 cr with subsidiary & Brookfield Put Option
Board & Shareholder Meetings View source PDF
JINDALPOLY · 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
-5.5%1-day move
₹770.00
prior close
₹732.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+2.5+2.1+0.8-5.5-8.3-7.2-7.7-5.3-5.5-4.6-9.0-4.5-10.9
Up moveDown movePending
AI summary
Company seeks shareholder approval via postal ballot for two items: (1) Material Related Party Transactions with subsidiary JPFL Films up to Rs 2,000 crores (over and above existing Rs 1,920 crores multi-year limit) to support revival after a fire at the subsidiary's Nasik plant, valid till FY29; (2) Put Option for Brookfield (via DIFC SPV) related to its Rs 2,000 cr investment in JPFL Films. E-voting: Apr 11–May 10, 2026. Results by May 12, 2026.
Likely market impact
Subsidiary revival funding and Brookfield's minority exit clause need shareholder nod. Related parties barred from voting on these resolutions.