
Board Meeting5 Jun 2026, 05:43 pm
Jindal Photo Extends Redeemable Preference Shares Maturity
AI Summary
Jindal Photo Limited's Board of Directors has approved the extension of the maturity date for two series of redeemable preference shares. The first series, comprising 1.5 crore shares, will have its maturity extended from June 10, 2026, to June 10, 2031. The second series, with 40 lakh shares, will see its maturity extended from September 22, 2026, to September 22, 2031. This approval is subject to obtaining the consent of the holders of these redeemable preference shares. The other terms and conditions of these shares will remain unchanged. The board meeting took place on June 5, 2026.
Key Highlights
- Board approved extension of redeemable preference shares maturity.
- Maturity extended by 5 years for two series of preference shares.
- Approval contingent on consent from preference shareholders.
- Other terms and conditions remain unchanged.
Price Impact
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