StockWatch
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Household Products
Board Meeting5 Jun 2026, 05:33 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 decision is subject to the consent of the holders of these redeemable preference shares. The company will inform the exchange once the consent is obtained. Other terms and conditions for these shares 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.