Jindal Photo Appoints Company Secretary for Delisting Due Diligence

Jindal Photo Limited has appointed M/s Bhumika & Co., a peer-reviewed Company Secretary, to conduct due diligence as part of a voluntary delisting proposal. This follows an Initial Public Announcement by Saffron Capital Advisors Private Limited on behalf of Acquirer 1 (Concatenate Power Advest Private Limited) and Acquirer 2 (Concatenate Advest Advisory Private Limited), along with Jindal India Power Limited as a person acting in concert. The acquirers intend to acquire all equity shares held by public shareholders and subsequently delist the company's shares from BSE and NSE. The Board of Directors of Jindal Photo Limited met on July 01, 2026, to approve this appointment, with the Company Secretary expected to submit a report as per SEBI Delisting Regulations.