Jindal Photo Ltd Files Letter of Offer for Voluntary Delisting

Jindal Photo Limited has submitted a Letter of Offer ('LOF') in accordance with SEBI (Delisting of Equity Shares) Regulations, 2021. The LOF, issued by Saffron Capital Advisors Private Limited, is for the voluntary delisting of the company's equity shares from BSE and NSE. Concatenate Power Advest Private Limited and Concatenate Advest Advisory Private Limited, along with Jindal India Power Limited (PAC), are the acquirers. The floor price is set at ₹1,119.50 per share, with an indicative price of ₹1,120 per share. The bidding period is from November 02, 2026, to November 06, 2026. The offer is being made to public shareholders, and the process will be conducted through the stock exchanges.