Delisting16 Jul 2026, 01:25 pm
Jindal Photo Ltd: Delisting Offer Price Set at ₹1,120
AI Summary
Saffron Capital Advisors Pvt. Ltd, acting as the Manager to the Offer, has informed BSE about the delisting proposal for Jindal Photo Ltd. This follows a previous intimation on June 29, 2026. Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, along with Jindal India Power Limited (as PAC), intend to voluntarily delist the company's equity shares from BSE and NSE. A Registered Valuer has determined the floor price at ₹1,119.50 per share. The indicative offer price for the delisting proposal has been set at ₹1,120 per equity share.
Key Highlights
- Acquirers propose voluntary delisting of Jindal Photo Ltd shares.
- Floor price determined at ₹1,119.50 per equity share.
- Indicative offer price set at ₹1,120 per equity share.
- Delisting aims to acquire all public shareholder equity shares.
- Transaction is in accordance with SEBI Delisting Regulations.
Price Impact
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