Jindal Photo Extends Preference Share Tenure by 5 Years

Jindal Photo Limited has announced the extension of the tenure for its 0% Non-Convertible Redeemable Preference Shares (NCPS) by five years. This decision, following in-principal approval from the directors and consent from shareholders, will see the maturity dates for Series II and Series III NCPS extended from June 10, 2026, and September 22, 2026, respectively, to June 10, 2031, and September 22, 2031. All other terms and conditions of these preference shares remain unchanged.